Technology shares in decline: Dotbomb 2.0 or slow puncture?

Shares in tech giants including Google, Yahoo and Facebook fall sharply, but could it be time to invest?

Nasdaq Drops
(Image credit: Spencer Platt/Getty Images)

LAST Friday, Nasdaq suffered its "largest oneday plunge" since June 2012, said Noah Rayman in Time. The 2.6 per cent drop was led by some of the market's biggest tech firms, including Google, Yahoo and Facebook – all of which fell by more than four per cent.

After a year of storming gains and hype, investors are clearly reassessing values. Facebook stock, which has doubled in value over the past year, fell nearly ten per cent in two sessions.

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