share_log

Shares of companies in the broader technology sector are trading lower following the Fed's rate hike announcement. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.

Benzinga ·  May 6, 2022 15:09
Shares of companies in the broader technology sector are trading lower following the Fed's rate hike announcement. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment