The four horsemen of tech: Has another bubble burst?

✍ Scribed by Damir Tokic

• Book ID: 102297520
• Publisher: John Wiley and Sons
• Year: 2008
• Tongue: English
• Weight: 124 KB
• Volume: 19
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.20413

✦ Synopsis

Abstract

After the subprime mortgage bubble burst, people started looking around to see if other disasters were on the horizon. In the high‐tech sector, the stocks of four companies—Google, Apple, Research in Motion, and Amazon.com—provided strong market leadership during 2007. But following their steep rise in the second half of 2007, the stocks of these “new four horseman of tech” suffered a sharp correction. Has another bubble burst? If so, what does it mean for the broader market? © 2008 Wiley Periodicals, Inc.