As the Nasdaq sets new records, a reminder how highly valued tech stocks are today

As the Nasdaq sets new records, a reminder how highly valued tech stocks are today

5 years ago
Anonymous $9ruWwTnhZq

https://techcrunch.com/2019/12/16/as-the-nasdaq-sets-new-records-a-reminder-how-highly-valued-tech-stocks-are-today/

Today the tech-heavy Nasdaq Composite closed at an all-time record high of 8,814.23, up 0.91% on the day.

The Nasdaq is up more than 32% on the year. Turning the clock back, the Nasdaq Composite is up around 60% from the end of 2016. Compared to the anti-records set in 2009 during the doldrums that followed the 2008 crisis, the Nasdaq is up a staggering 594%.