Tech Stocks Rebound As The Pandemic Recedes
After stock prices took a big hit in early 2020 at the start of the COVID-19 pandemic, stocks were generally on the rise for the rest of the year – including many technology company shares. Those increases have continued into the first half of 2021 – and even accelerated – as the pandemic recedes and the economy bounces back.
Of the 45 tech company stocks on our watch list, 37 recorded gains in their stock price between Jan. 1 and June 30 – many by hefty double-digit percentages. Only eight companies recorded declines in their stock price in the first half of 2021 – four by low double-digit percentages.
The Dow Jones closed at 34,502.51 on June 30, up 12.73 percent from its 30,606.48 close on Dec. 31, 2020. The tech-heavy Nasdaq closed at 14,503.95 on June 30, up 12.54 percent from its 12,888.28 close on Dec. 31, 2020.
Here‘s a look at the biggest stock price winners and losers in the first six months of 2021. We start with the 10 biggest winners, counting down to the IT vendor with the biggest stock price gain during the period. Then we list the eight companies whose stock price declined the most, concluding with the IT vendor with the biggest loss. The rankings are based on stock closing prices on Dec. 31, 2020 and June 30, 2021.
For more of the biggest startups, products and news stories of 2021 so far, click here.