#International_Tech_News | #Pandemic #Tech_Darlings Turned to #Duds in 2021
#Peloton #Interactive,
down nearly 75% this year; #Social_Commerce.
#Poshmark,
down almost 82%; and #Education_Tech
#Chegg,
down 66%. At certain points, the number of names blowing up simultaneously was dizzying:
#Vimeo
All took #nosedives around their most-recent earnings reports, collectively #erasing some $26.3 #billion in #market_value in a #single_week.
https://excellentpix.com/pandemic-tech-darlings-turned-to-duds-in-2021.html
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#single_week #market_value #billion #erasing #nosedives #vimeo #Zillow_Group #chegg #Education_Tech #poshmark #Social_Commerce #interactive #peloton #Duds #Tech_Darlings #pandemic #INTERNATIONAL_TECH_NEWS