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Pandemic winners Wayfair, Etsy, Snap among tech stocks taking biggest hits

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Stocks that thrived during the pandemic are now taking a huge hit amid the broader tech sell-off, including Wayfair, Etsy, and Snap.

Video Transcript

- We've been following the NASDAQ closely all day. The NASDAQ 100 closed at its lowest level since November of 2020. Some of the biggest winners during the height of the pandemic and now some of the biggest losers. Take a look at shares of Etsy. Etsy down 66% so far this year. You just saw Wayfair there, the worst of the bunch. Those shares plunging 75%. And then of course Snap, the parent company of Snapchat, off 74%. So still a lot of tech carnage there that we're seeing.