iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,452 Blog Posts

This Day Shall Live in Infamy: $LNKD, $DATA, $SPLK and Others Die

This is not a market for old men. LinkedIn is undergoing its largest single day drawdown ever–shedding more than $10 billion in market cap. On the software side, Tableau Software is off by 48%–taking with it the entire software space.

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The carnage in tech today is surreal.
Tech

Here are some tech ETFs that own some of the above stocks: SOCL, HACK, FDN, IJV, PSJ

The Dow is now down nearly 150 and the NASDAQ 90.

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17 comments

  1. thegametheorist

    hack down 4% ouch

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  2. uglyflint

    Three years ago I jumped on to LinkedIn. After a while I start getting messages about people who were checking out my profile. Gave me instant creepy stalker feeling. Never logged back on. Others will get message I am checking out their profile in reverse. It was like a matrix of weirdness. Who needs it.

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  3. xxxhuggiebearxxx

    SIR, the national treasury has been looted of nearly every NASDAQ we have!

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  4. traderconfessions

    Add TSLA to the group. The DeLorean of our time.

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    • jpmorgains

      That is an absurd comparison.

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      • traderconfessions

        Why?

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      • frog

        Everybody’s guessing whether the current bright stars in industry will last or go extinct. Hard to predict. I’d bet in TSLA’s favor myself. And AMZN’s. Am not too impressed with FB but many other people are, so who knows?

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    • jpmorgains

      I am not going to engage with someone who does not understand why. Good luck though and all the best in your endeavors.

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      • traderconfessions

        That sounds like something my 9th grade daughter would say. Maybe ask your mom for help.

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      • jpmorgains

        Insults are something a 9th grader seeks refuge in actually. Again good luck to you.

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    • BlueStar

      DeLorean was a complete flop. Not comparable. You can argue about valuation of the stocks. But these guys did pull it off compared to DeLorean.

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  5. tradingnymph

    It is going to get way uglier.

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  6. jpmorgains

    On the bright side, you didn’t die with them this time 🙂

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  7. matt_bear

    SPLK was one of your horsemen.

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  8. probucks

    Stories all over my groupme from Buy-The-Dip-Idiots out of $. smfh.
    #MillennialInvestors

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  9. mx2101

    It would be funny if that statue was headless.

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