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Barry Ritholtz

Tech-Stock Crash Is a Good Thing

The crash of the high-flying tech stocks is a good thing.
Do you miss the high fliers? Source: Photographer: Andrew Harrer/Bloomberg
Do you miss the high fliers? Source: Photographer: Andrew Harrer/Bloomberg

Today, I hope to explain how the crash of the speculative tech names is a positive.

Last month, we noted that "High-Flying Tech Stocks Were Coming Back to Earth." Some of the companies we reviewed then included Twitter Inc., LinkedIn Corp., Netflix Inc., Tesla Motors Inc., Priceline Group Inc., Google Inc. and Facebook Inc. Since then, shares of these companies have fallen even further.