What's happening to the tech companies listed on Wall Street

In the last week, the main technology companies listed on the Nasdaq index of Wall Street have burned over 1 trillion in capitalization. Among the worst is Tesla

Wall street, New York (Getty Images) They are among those who have best overcome the financial and economic crisis of the Covid-19 emergency, but now technological stocks are going through one of their periods worst of recent times on the square in New York. The Nasdaq index of Wall Street, where the main companies in the sector are listed, in fact lost almost 4% in the last session mainly due to a series of sales by investors, and overall reported a decline of more than 10% in the last three sessions.

Overall, the big giants like Facebook, Amazon, Apple, Tesla, Microsoft, Alphabet and Netflix have burned over $ 1 trillion in capitalization in one week. In particular, at the reopening of Wall Street after closing for Labor Day, Apple shares suffered losses of more than 6%, causing the capitalization to fall below the 2 trillion milestone achieved last month, while Facebook and Amazon have left on the ground respectively 4% and 3.5%.

But the worst situation is reported by the electric car giant Tesla, which after the exponential growth recorded in the last period, has seen the title fall by over 20 percentage points on Tuesday 8 September alone. To weigh on this negative performance is above all the exclusion of the Tesla stock from the basket of companies in the Standard & Poor's 500, which includes the 500 US companies with the largest capitalization. In turn, this index also lost about 2.4% of its value in its worst session in recent months.