Wedbush's Dan Ives said the DOJ investigation would be an 'overhang' on the stocks of firms like Amazon, Apple, Facebook, and Google.
Amazon, Apple, Facebook, and Google's share prices fell after the US Department of Justice announced an antitrust investigation into"online platforms." As of 5.30 a.m. EST, around $33 billion was wiped off the value of these big tech firms in pre-market trading. Dan Ives, an analyst at Wedbush Securities, said the DOJ's investigation would be an"overhang" on stocks. Visit Business Insider's homepage for more stories.
Amazon, Apple, Facebook, and Google's share prices fell after the US Department of Justice announced an antitrust investigation into"online platforms." As of 5.30 a.m. EST, around $33 billion was wiped off the value of these big tech firms in pre-market trading. Dan Ives, an analyst at Wedbush Securities, said the DOJ's investigation would be an"overhang" on stocks. Visit Business Insider's homepage for more stories.
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