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Tech stocks have been hit hard in the last week, and the Nasdaq Composite is down nearly 4% in the month of April. The index took another dive today, down 2.7% by 1 p.m.
Big names in the tech sector have been hit particularly hard. Netflix Inc. (Nasdaq: NFLX) is down 4% this month, Amazon.com Inc. (Nasdaq: AMZN) has dropped 5% in April, and Tesla Motors Co. (Nasdaq: TSLA) has dipped almost 6% this week.