As the Nasdaq sets new records, a reminder how highly valued tech stocks are today
TechCrunch Industry News · TechCrunch
December 17, 20194m 21s
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Show Notes
Today the tech-heavy Nasdaq Composite closed at an all-time record high of 8,814.23, up 0.91% on the day. The Nasdaq is up more than 32% on the year. Turning the clock back, the Nasdaq Composite is up around 60% from the end of 2016. Compared to the anti-records set in 2009 during the doldrums that followed the 2008 crisis, the Nasdaq is up a staggering 594%. The huge run in value of technology stocks since the last recession is historic.
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