Made.com founder Ning Li launches cosmetics startup Typology StarOfService switches business model for its independent contractor marketplace Antescofo’s Metronaut adds an orchestra when you play music VPN protocol WireGuard now has an official macOS app Apple could release a 16-inch MacBook Pro and a 31-inch 6K display Alan raises another $45 million for its health insurance product Visa and Mastercard could raise interchange fees Uber sues NYC to contest cap on drivers Coinbase users can now withdraw Bitcoin SV following BCH fork Amazon could launch Amazon Go store in London Opera teases new desktop browser design Malt raises $28.6 million for its freelancer platform Devialet’s Phantom Reactor turns music into an emotional experience Bioware''s high-flying ''Anthem'' falls flat OneWeb''s first six global internet satellites are safely in orbit Swarm Technologies raises $25M to deploy its own 150-satellite constellation Ubiquitilink advance means every phone is now a satellite phone Opportunity Mars rover goes to its last rest after extraordinary 14-year mission The Opportunity Mars rover''s greatest shots and discoveries Senate confirms new FCC Commissioners Carr and Starks WellSaid aims to make natural-sounding synthetic speech a credible alternative to real humans ''Save the Internet Act'' would bring back net neutrality, plain and simple Galaxy S10 takes the ''best smartphone display'' crown Koala-sensing drone helps keep tabs on drop bear numbers SpaceX''s Crew Dragon makes its first orbital launch tonight A nanoparticle injection is all it takes to let these mice see in infrared Skyrim mod drama gets ugly with allegations of stolen code and misappropriated donations Boeing''s ''Wingman'' drone buddies up with pilot-flown jets Prototype prosthesis proffers proper proprioceptive properties FTC creates antitrust task force to monitor tech industry Watch SpaceX launch the first private moon landing mission (Update: Success!) Nintendo''s Reggie Fils-Aimé retires (and Bowser claims the castle) This robotics museum in Korea will construct itself (in theory) This custom ''hyperfisheye'' lens can see behind itself These hyper-efficient solar panels could actually live on your roof soon InVision, valued at $1.9 billion, picks up $115 million Series F Figma gets $40 million Series C to put design tools in the cloud PayPal to invest $750M, and Dragoneer $100M, into MercadoLibre, Argentina''s e-commerce powerhouse NVIDIA to buy supercomputer chipmaker Mellanox for $6.9B, beating out Intel and Microsoft Tesla u-turns on store strategy, will keep half of showrooms open... and hike prices by 3% Josh Wood, hair colorist to the stars, gets $6.5M led by Index in its latest D2C bet Taxify rebrands as Bolt to expand its transport options beyond private cars Matterport raises $48M to ramp up its 3D imaging platform Fictiv raises $33M to be the ''AWS of hardware manufacturing'' Facebook says that Workplace now has 2M paying users Compass acquires Contactually, a CRM provider to the real estate industry Threads emerges from stealth with $10.5M from Sequoia for a new take on enabling work conversations YieldStreet raises $62M to democratise alternative investments in shipping, real estate and more Walmart acquires Israel''s Aspectiva, which analyses UGC to recommend products to shoppers KaiOS, now with 85M feature phones shipped, doubles down with Google, carrier deals and more
Amazon hires Disney SVP Kyle Laughlin as director of Alexa Gadgets
Apple’s battery cases return for the iPhone XS and XR
The Future Of TV Is HTML
This Week On Bullish: Can The Bold Italic Come Back?
Microsoft Drops New Windows 10 Mobile Build, Promises Faster Release Cadence
Cisco Pops 2.5% After Reporting Better-Than-Expected FQ4 Revenue Of $12.84B
Yahoo Sags 4% After Alibaba's Q2 Earnings Disappointment
Microsoft Postpones Ship Date For Its 'Surface Hub' Wall Computer To January
You Can Now Run Windows 10 On Your Mac
Microsoft Drops Another Windows 10 Update
Zulily's Buyout Spike Leaves It Less Valuable Than When It Went Public
Microsoft Launches New Windows 10 Build, Vows To Keep Its Early Access Program Alive


漂流瓶终于彻底拜拜 微信7.0.4新版体验
微信漂流瓶被玩坏了 聊聊漂流瓶里那些事
微信关闭漂流瓶 它曾经满足了我们对世界的好奇
微信暂停漂流瓶功能:对色情内容零容忍
[视频]惠普Chromebook x360 14 G1评测:搭载Chrome OS的商务变形本
特斯拉:北京客户可三年免息融资购车并免费租赁车牌
借贷宝:停止催收百名裸条女大学生 未满23岁将不得借贷
京东白条多地频现盗刷 消费者遭催收公司“逼债”
借款野蛮催收行为将被规范 真是几家欢喜几家愁
为规范网贷催收 上海互金协会发行业倡议书
腾讯解释为什么微信没有夜间模式 真相你相信吗?
一张发行8年的微信唱片:只收录了4首歌曲


A Few Thoughts On Tech Stocks

当前位置: 艾金森 > 门户 > 海外资讯

点击量 55
编辑: 1   作者: Techcrunch   时间: 2019/6/11 14:47:45  

Shares in technology companies have recently come under intense pressure, similar to other?equities, markets, commodities and more. How far tech shops have declined, however, is worth digging into. After all, if the value of public tech companies has declined sharply, it could impact the value of private startups like Uber or Dropbox.

I picked a few dozen public tech companies that you've heard of and placed them into three groups: Recent IPOs, Adolescents, and Where Your Parents Worked.?Each category is sorted by percent decline in share value for a company, compared to its 52-week high.

All data is via Google Finance, and WolframAlpha was kind enough to divide for us all. Here's the raw list:

Recent IPOs

Percent decline from 52-week high at end of regular trading:

  1. New Relic: 15.74 percent
  2. Arista Networks: 24.03 percent
  3. Shopify: 36.08 percent
  4. Alibaba: 42.88 percent
  5. Box: 45.57 percent
  6. GoPro: 52.24 percent
  7. Hubspot: 53.17 percent
  8. Etsy: 63.99 percent
  9. Castlight Health: 65.17 percent
  10. MobileIron: 70.06 percent

Adolescents

Percent decline from 52-week high at end of regular trading:

  1. Netflix: 21.48 percent
  2. LinkedIn: 38.47 percent
  3. Pandora: 40.1 percent
  4. Groupon: 52.43 percent
  5. Twitter: 56.28 percent
  6. Yelp: 73.84 percent

Where Your Parents Worked

Percent decline from 52-week high at end of regular trading:

  1. Google: 14.23 percent
  2. Microsoft: 19.12 percent
  3. Amazon: 19.67 percent
  4. Apple: 22.89 percent
  5. IBM: 27.66 percent
  6. Yahoo: 39.68 percent

What It Means

Before we get too deep, keep in mind that companies nearly always trade at a discount to their 52-week highs. That's simply because, unless the firm in question just set a new high, it's below its prior local maximum. That's tautological, but useful.

Now, to a few thoughts:

  • Share performance of recent IPOs from their highs has been nasty. That doesn't mean that the IPO market is borked?(Hubspot, for example, is down sharply from its 52-week high, but is still up from its IPO price), but it does underscore that investor sentiment concerning?these younger firms has slipped.
  • That means that the animal spirits involved with bolstering the value of recent IPOs is likely at a bit of a low point. That could lead to delays in?new offerings, for example.
  • Among the adolescents, the scale of declines from the cadre's 52-week highs surprised me. I knew that Twitter and Yelp and Groupon were having a rough go of it, but I didn't expect the delta?to be as large as it was. That could imply souring investor attitudes to tech companies a bit further on in age, and time they've been public. (Presumably, investors are discounting future earnings and growth, implying that these firms will not meet prior expectations.)
  • Potentially lower sentiment from investors about the adolescents could handicap coming?gains in value among the recent IPOs, as the class of company that is next in line for them isn't performing very well.
  • Holy shit, Yelp.
  • The biggest companies on our list performed best, which makes sense, as they have the most cash, stable earnings and the like. But even our whales have some drop to them. Instead of saying here that the declines insinuate a fall in optimism with investors, larger tech firms are falling more in line with the market, making their declines less interesting for us here.

However, things don't look great. Let's see what China does in a few hours.