‘Magnificent 7’ stocks aren’t the only high-flying tech names getting hit hardest in this sell-off

It was a brutal month for stocks, as technical markets were low markets, just as the gathering led in 2023 and 2024.

Although the recent procedures of the sale focused a lot of attention on the so -called “Magnificent Seven” tyrants, only one of these names is a crop of technical escalating that has also seen sharp losses in recent weeks.

Netflix (NFLX), AMD (AMD), Micron (MU), Dell (Dell) and Palantir (PLTR), among other things, are some of the names that were washed in the midst of this last market of the market.

Although some of these shares flared up on Wednesday amid technical recovery, some of them in Wall Street warn of recent fluctuations in a more evil image below the stock market.

“It is not like a total panic or surrender, but very approaching.”

Netflix shares fell by about 15 % of its highest level for 52 weeks that it reached only one month ago, when the stock was trading over $ 1,000 per share.

Klein called “preferred retail and preferred momentum” in the field of technology, media and communications, including names such as Applovin (App), AFFIRM (AFRM), OKLO (OKLO), and Reddit (RDDT). All shares witnessed a decrease between 30 % and 50 % during the past month.

Chips makers such as AMD and Micron, along with Super Micro (SMCI), Intel (INTC), and on semiconductor (ON) by at least 40 % of their highest levels in 52 weeks, according to the data collected by Yahoo Finance.

Palantir shares, a previous momentum in Wall Street, decreased by 30 % of the closing record it reached on February 19. Dell stocks decreased about 50 % of its peak for 52 weeks.

Of course, some of these names also fought basic issues.

It is often traded as a nerve like M. The heavy content content of Netflix and the opposite spirit of potential participation by analysts concerned have been called on.

Chips shares have faced an increase in competition at home and abroad, with Deepseek in February highlighting concerns about the health and length of artificial intelligence trade in general.

Players 7 of Mag 7 who led the bull market for two years-NVIDIA (NVDA), Tesla (TSLA), alphabet (Googl, Googl), Amazon (Amzn), Meta (Meta), Apple (AAPL), and Microsoft (MCFT)-all range between 16 % and 25 % out of 52 weeks, with Apple and Nvida. group. The exception, of course, is Tesla, which decreased less than 50 % of only a closure record in December.