Comment on Tech Stocks This Week: Volatility Strikes Again

Tech Stocks This Week: Volatility Strikes Again

In another volatile week, many tech stocks made some big moves over the past five trading days. Not only did the tech-heavy Nasdaq Composite rise as much as 2% before it ended the week down nearly 1%, but earnings season also sparked some particularly big swings. Notably, streaming-TV giant Netflix (NASDAQ: NFLX) and financial-technology company PayPal Holdings (NASDAQ: PYPL) both saw their shares jump sharply after their earnings releases.Netflix stood out with its surging subscriber growth, while PayPal made headlines with its strong momentum in its peer-to-peer payment app, Venmo.

 

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