Expertise shares have taken a beating this yr. Many particular person traders have used it as a chance to double down.
The Nasdaq Composite Index—residence to the large tech shares that propelled the market’s decadelong rally—has fallen 21% in 2022. Shares of Amazon.com Inc. and the dad and mom of Google and Fb have suffered double-digit declines as properly, stung by higher interest rates and souring attitudes about their progress prospects.