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Wednesday, April 8, 2020

Virus outbreak delivers tech darlings a harsh reality check


Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together. Since the beginning of March, for instance, Uber shares have lost a quarter of their value. Rival Lyft is down 28 percent. Over the same period, the S&P 500 has […]

source https://www.seattletimes.com/business/virus-outbreak-delivers-tech-darlings-a-harsh-reality-check/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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