Since the Nasdaq peaked on July 20, the tech-heavy index has fallen 7.8%. But many tech stock have been much worse. Yahoo (YHOO) — thanks Alibaba (BABA)! — along with Biogen (BIIB) and Apple (AAPL) supplier Qorvo (QRVO) are among the S&P 500’s 5 biggest tech and biotech losers. Apple itself is not one of the biggest S&P 500 tech losers, falling “only” 13.5% since July 20. But Apple, as the biggest cap of all, certainly helped drive Nasdaq and
Apple (AAPL) chip suppliers Skyworks Solutions (SWKS), Avago Technologies (AVGO) and Qorvo (QRVO) were up Tuesday, ahead of Apple’s product event Wednesday that’s expected to include word of its newest iPhone. Cupertino, Calif.-based Apple is expected to unveil its newest iPhone models as well as its latest Apple TV set-top and Apple Pay updates. In afternoon trading in the stock market today, Avago stock was up 5.5%, near 128. Skyworks stock was
Amid a volatile trading session, four Apple (AAPL) chip suppliers are standing out: Skyworks Solutions (SWKS), NXP Semiconductors (NXPI), Qorvo (QRVO) and Avago Technologies (AVGO). Skyworks Solutions was rising in big volume in early afternoon Monday, reversing off a seven-month low. Shares had been finding support at the 200-day line but broke below that level as the market began to sell off last week. Shares are currently trading 26% below