From Twitter to Palantir, Losses in Technology Stocks Stack Up
- Tech stocks under pressure amid rotation to less pricey shares
- The selloff provides buying opportunity, some analysts say
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The heavy selling in some of the most expensive corners of the U.S. stock market is starting to pile up.
It was a dismal week for companies with some of the highest stock prices relative to growth expectations, even after a rally on Friday, courtesy of a jobs report that was seen as offsetting concerns about higher interest rates.