SNAP: Snap and 3 other internet stocks to sell in November | StockNews.com
Macroeconomic and geopolitical headwinds have affected the stock market this year. Aggressive interest rate hikes by the Fed have significantly affected high-growth tech stocks. The tech-heavy Nasdaq Composite has fallen 28.5% year-to-date. Several Internet stocks missed earnings estimates due to macroeconomic challenges. And many of them recently announced layoffs and hiring freezes to cut costs. …
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