Rough Year for Technology Stocks

<p>2022 was the year that technology stocks came crashing back to Earth&period;<&sol;p>&NewLine;<p>The Nasdaq stock market&comma; where most technology stocks are listed&comma; was down 33&percnt; for the year&period; The Dow Jones Industrial Average dropped 8&period;8&percnt; and the S&amp&semi;P 500 was down 19&period;4&percnt; for the year&period;<&sol;p>&NewLine;<p>With increasing interest rates and war in Ukraine&comma; investors put a brake on the stock market and money-losing technology companies were hit especially hard&period; Cryptocurrency Bitcoin also plunged 64&percnt; on the year&period;<&sol;p>&NewLine;<p>Below is a table of top technology stocks and their declines in 2022&period;<&sol;p>&NewLine;&NewLine;<table id&equals;"tablepress-12" class&equals;"tablepress tablepress-id-12">&NewLine;<thead>&NewLine;<tr class&equals;"row-1">&NewLine;&Tab;<th class&equals;"column-1">Company <&sol;th><th class&equals;"column-2">Stock Symbol<&sol;th><th class&equals;"column-3">Year End Stock Price<&sol;th><th class&equals;"column-4">Yearly Decline &lpar;2022&rpar;<&sol;th><th class&equals;"column-5">Market Cap<&sol;th>&NewLine;<&sol;tr>&NewLine;<&sol;thead>&NewLine;<tbody class&equals;"row-striping row-hover">&NewLine;<tr class&equals;"row-2">&NewLine;&Tab;<td class&equals;"column-1">Adobe<&sol;td><td class&equals;"column-2">ADBE<&sol;td><td class&equals;"column-3">&dollar;336&period;53<&sol;td><td class&equals;"column-4">-40&period;37&percnt;<&sol;td><td class&equals;"column-5">&dollar;156&period;45 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-3">&NewLine;&Tab;<td class&equals;"column-1">Alphabet<&sol;td><td class&equals;"column-2">GOOG<&sol;td><td class&equals;"column-3">&dollar;88&period;73<&sol;td><td class&equals;"column-4">-38&period;84&percnt;<&sol;td><td class&equals;"column-5">&dollar;1&period;14 trillion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-4">&NewLine;&Tab;<td class&equals;"column-1">AMD<&sol;td><td class&equals;"column-2">AMD<&sol;td><td class&equals;"column-3">&dollar;64&period;77<&sol;td><td class&equals;"column-4">-56&period;89&percnt;<&sol;td><td class&equals;"column-5">&dollar;104&period;43 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-5">&NewLine;&Tab;<td class&equals;"column-1">Apple<&sol;td><td class&equals;"column-2">AAPL<&sol;td><td class&equals;"column-3">&dollar;129&period;93<&sol;td><td class&equals;"column-4">-28&period;61&percnt;<&sol;td><td class&equals;"column-5">&dollar;2&period;07 trillion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-6">&NewLine;&Tab;<td class&equals;"column-1">Applied Materials<&sol;td><td class&equals;"column-2">AMAT<&sol;td><td class&equals;"column-3">&dollar;97&period;38<&sol;td><td class&equals;"column-4">-39&period;11&percnt;<&sol;td><td class&equals;"column-5">&dollar;82&period;2 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-7">&NewLine;&Tab;<td class&equals;"column-1">Broadcom<&sol;td><td class&equals;"column-2">AVGO<&sol;td><td class&equals;"column-3">&dollar;559&period;13<&sol;td><td class&equals;"column-4">-15&period;71&percnt;<&sol;td><td class&equals;"column-5">&dollar;233&period;65 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-8">&NewLine;&Tab;<td class&equals;"column-1">Cisco<&sol;td><td class&equals;"column-2">CSCO<&sol;td><td class&equals;"column-3">&dollar;47&period;64<&sol;td><td class&equals;"column-4">-24&period;57&percnt;<&sol;td><td class&equals;"column-5">&dollar;195&period;71<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-9">&NewLine;&Tab;<td class&equals;"column-1">Crowdstrike<&sol;td><td class&equals;"column-2">CRWD<&sol;td><td class&equals;"column-3">&dollar;105&period;29<&sol;td><td class&equals;"column-4">-46&period;91&percnt;<&sol;td><td class&equals;"column-5">&dollar;24&period;68 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-10">&NewLine;&Tab;<td class&equals;"column-1">Doordash<&sol;td><td class&equals;"column-2">DASH<&sol;td><td class&equals;"column-3">&dollar;48&period;82<&sol;td><td class&equals;"column-4">-66&period;41&percnt;<&sol;td><td class&equals;"column-5">&dollar;18&period;95 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-11">&NewLine;&Tab;<td class&equals;"column-1">Fortinet<&sol;td><td class&equals;"column-2">FTNT<&sol;td><td class&equals;"column-3">&dollar;48&period;89<&sol;td><td class&equals;"column-4">-26&period;61&percnt;<&sol;td><td class&equals;"column-5">&dollar;38&period;19 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-12">&NewLine;&Tab;<td class&equals;"column-1">HP<&sol;td><td class&equals;"column-2">HPQ<&sol;td><td class&equals;"column-3">&dollar;26&period;87<&sol;td><td class&equals;"column-4">-29&period;33&percnt;<&sol;td><td class&equals;"column-5">&dollar;26&period;39 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-13">&NewLine;&Tab;<td class&equals;"column-1">Intel<&sol;td><td class&equals;"column-2">INTC<&sol;td><td class&equals;"column-3">&dollar;26&period;43<&sol;td><td class&equals;"column-4">-50&period;33&percnt;<&sol;td><td class&equals;"column-5">&dollar;109&period;08 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-14">&NewLine;&Tab;<td class&equals;"column-1">KLA<&sol;td><td class&equals;"column-2">KLAC<&sol;td><td class&equals;"column-3">&dollar;377&period;03<&sol;td><td class&equals;"column-4">-13&period;34&percnt;<&sol;td><td class&equals;"column-5">&dollar;53&period;43 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-15">&NewLine;&Tab;<td class&equals;"column-1">Lam Research<&sol;td><td class&equals;"column-2">LRCX<&sol;td><td class&equals;"column-3">&dollar;420&period;30<&sol;td><td class&equals;"column-4">-42&period;06&percnt;<&sol;td><td class&equals;"column-5">&dollar;57&period;32 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-16">&NewLine;&Tab;<td class&equals;"column-1">Meta Platforms &lpar;Facebook&rpar;<&sol;td><td class&equals;"column-2">META<&sol;td><td class&equals;"column-3">&dollar;120&period;34<&sol;td><td class&equals;"column-4">-64&period;45&percnt;<&sol;td><td class&equals;"column-5">&dollar;319&period;09 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-17">&NewLine;&Tab;<td class&equals;"column-1">Netflix<&sol;td><td class&equals;"column-2">NFLX<&sol;td><td class&equals;"column-3">&dollar;294&period;88<&sol;td><td class&equals;"column-4">-50&period;64&percnt;<&sol;td><td class&equals;"column-5">&dollar;131&period;23 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-18">&NewLine;&Tab;<td class&equals;"column-1">NVIDIA<&sol;td><td class&equals;"column-2">NVDA<&sol;td><td class&equals;"column-3">&dollar;146&period;14<&sol;td><td class&equals;"column-4">-51&period;48&percnt;<&sol;td><td class&equals;"column-5">&dollar;359&period;5 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-19">&NewLine;&Tab;<td class&equals;"column-1">Okta<&sol;td><td class&equals;"column-2">OKTA<&sol;td><td class&equals;"column-3">&dollar;68&period;33<&sol;td><td class&equals;"column-4">-69&period;31&percnt;<&sol;td><td class&equals;"column-5">&dollar;10&period;95 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-20">&NewLine;&Tab;<td class&equals;"column-1">Palo Alto Networks<&sol;td><td class&equals;"column-2">PANW<&sol;td><td class&equals;"column-3">&dollar;139&period;54<&sol;td><td class&equals;"column-4">-23&period;08&percnt;<&sol;td><td class&equals;"column-5">&dollar;42&period;19 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-21">&NewLine;&Tab;<td class&equals;"column-1">Roku<&sol;td><td class&equals;"column-2">ROKU<&sol;td><td class&equals;"column-3">&dollar;40&period;70<&sol;td><td class&equals;"column-4">-82&period;55&percnt;<&sol;td><td class&equals;"column-5">&dollar;5&period;67 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-22">&NewLine;&Tab;<td class&equals;"column-1">Salesforce&period;com<&sol;td><td class&equals;"column-2">CRM<&sol;td><td class&equals;"column-3">&dollar;132&period;59<&sol;td><td class&equals;"column-4">-48&period;1&percnt;<&sol;td><td class&equals;"column-5">&dollar;132&period;59 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-23">&NewLine;&Tab;<td class&equals;"column-1">SVB Financial<&sol;td><td class&equals;"column-2">SIVB<&sol;td><td class&equals;"column-3">&dollar;230&period;54<&sol;td><td class&equals;"column-4">-66&period;56&percnt;<&sol;td><td class&equals;"column-5">&dollar;13&period;6 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-24">&NewLine;&Tab;<td class&equals;"column-1">ServiceNow<&sol;td><td class&equals;"column-2">NOW<&sol;td><td class&equals;"column-3">&dollar;388&period;27<&sol;td><td class&equals;"column-4">-38&period;38&percnt;<&sol;td><td class&equals;"column-5">&dollar;78&period;43 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-25">&NewLine;&Tab;<td class&equals;"column-1">Synaptics<&sol;td><td class&equals;"column-2">SYNA<&sol;td><td class&equals;"column-3">&dollar;95&period;16<&sol;td><td class&equals;"column-4">-67&period;02&percnt;<&sol;td><td class&equals;"column-5">&dollar;3&period;79 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-26">&NewLine;&Tab;<td class&equals;"column-1">Tesla Motors<&sol;td><td class&equals;"column-2">TSLA<&sol;td><td class&equals;"column-3">&dollar;123&period;18<&sol;td><td class&equals;"column-4">-69&period;2&percnt;<&sol;td><td class&equals;"column-5">&dollar;385&period;9 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-27">&NewLine;&Tab;<td class&equals;"column-1">Twilio<&sol;td><td class&equals;"column-2">TWLO<&sol;td><td class&equals;"column-3">&dollar;48&period;96<&sol;td><td class&equals;"column-4">-81&period;33&percnt;<&sol;td><td class&equals;"column-5">&dollar;9&period;03 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-28">&NewLine;&Tab;<td class&equals;"column-1">Uber<&sol;td><td class&equals;"column-2">UBER<&sol;td><td class&equals;"column-3">&dollar;24&period;73<&sol;td><td class&equals;"column-4">-43&period;73&percnt;<&sol;td><td class&equals;"column-5">&dollar;49&period;32 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-29">&NewLine;&Tab;<td class&equals;"column-1">Workday<&sol;td><td class&equals;"column-2">WDAY<&sol;td><td class&equals;"column-3">&dollar;167&period;33<&sol;td><td class&equals;"column-4">-36&period;55&percnt;<&sol;td><td class&equals;"column-5">&dollar;43&period;0 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<tr class&equals;"row-30">&NewLine;&Tab;<td class&equals;"column-1">Zscaler<&sol;td><td class&equals;"column-2">ZS<&sol;td><td class&equals;"column-3">&dollar;111&period;90<&sol;td><td class&equals;"column-4">-62&period;93&percnt;<&sol;td><td class&equals;"column-5">&dollar;16&period;14 billion<&sol;td>&NewLine;<&sol;tr>&NewLine;<&sol;tbody>&NewLine;<&sol;table>&NewLine;<&excl;-- &num;tablepress-12 from cache -->&NewLine;

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