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Tech Stocks Shake Off Regulatory Woes

Video Credit: Wochit Business - Duration: 00:49s - Published < > Embed
Tech Stocks Shake Off Regulatory Woes

Tech Stocks Shake Off Regulatory Woes

According to Reuters, tech stocks on Wall Street rallied after a sharp selloff due to regulatory concerns.

On June 4th, Apple, Amazon, Facebook, and Google's parent company Alphabet were trading up between 1-and-4 percent.

But a day before, those same stocks lost between 1-and-7 percent.

The massive selloff began after reports indicated that the Justice Department and the Federal Trade Commission are planning an antitrust probe into the four tech giants.

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Tech Stocks Shake Off Regulatory Woes

A MAY 30, 2019, FILE PHOTO A MAY 28, 2019, FILE PHOTO AN AUG.

24, 2015 FILE PHOTO




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