New-Age Tech Stocks Lose Over $5 Bn In M-Cap

Share via:


SUMMARY

Barring Smartworks, BlackBuck, RateGain, DroneAcharya and Go Digit, 34 of the 39 new-age tech stocks under Inc42’s coverage plunged in a range of 1.16% to over 13%

The cumulative market capitalisation of these companies declined over $5 Bn to $104.91 Bn from $110.28 Bn at the end of the last week

All large new-age tech companies bled this week, with Eternal, Paytm, Ola Electric, Delhivery seeing major correction to their stock prices

New-age tech stocks bled this week…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

New-Age Tech Stocks Lose Over $5 Bn In M-Cap


SUMMARY

Barring Smartworks, BlackBuck, RateGain, DroneAcharya and Go Digit, 34 of the 39 new-age tech stocks under Inc42’s coverage plunged in a range of 1.16% to over 13%

The cumulative market capitalisation of these companies declined over $5 Bn to $104.91 Bn from $110.28 Bn at the end of the last week

All large new-age tech companies bled this week, with Eternal, Paytm, Ola Electric, Delhivery seeing major correction to their stock prices

New-age tech stocks bled this week…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Telegram’s Durov says France asked to remove some Moldovan...

Pavel Durov, the billionaire founder of the Telegram...

Security Bite: Mac users are finally taking malware seriously

9to5Mac Security Bite is exclusively brought to you...

Tor: The Easiest Way to Securely Browse the Web...

Unless you’ve been hiding under a rock, security...

Popular

iptv iptv iptv