EMAG

Tech IPOs fell sharply after 2021 and #39;s record high

publicat 2024-06-27 00:00:02 (Bursa)

US tech giants have enjoyed a wave of success in the US stock market, driving much of the rise in the S and P 500 index since the outbreak of the pandemic (in 2020) to date. Five of the companies currently referred to as the 'Magnificent Seven' (Apple, Amazon, Microsoft, Alphabet, Nvidia, Meta and Tesla) are giants in the technology space, with market capitalizations that rival the size of the US GDP.

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