Tech Stocks in Retreat

New high-stocks have taken a beating this year, while old tech stocks that are profitable and pay dividends have held up.
King Digital Entertainment Plc, a maker of video games, sold shares to the public last month in the midst of a tech-stock slump. Photographer: Jin Lee/Bloomberg

Last month, we noted that high flying tech names were crashing back to earth. After terrific run ups, companies such as Twitter Inc., LinkedIn Corp., SolarCity Corp., Netflix Inc. and Tesla Motors Inc. all have taken a shellacking.

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