The freefall in stocks continued on Monday with the Dow Jones losing 5.53% and the NASDAQ dropping 6.9% on news of Standard & Poors downgrading its rating of U.S. government-issued debt.
Tech stocks were not spared in the selloff, with some names – including those that recently IPO’d – falling sharper than the broader indexes. Here’s how some of the publicly-traded companies that Mashable follows fared on Monday:
LinkedIn -17.38%
eBay -8.02%
Zillow -7.35%
Pandora -7.62%
Netflix -6.00%
Google -5.70%
Yahoo -5.54%
Apple -5.46%
Microsoft -4.67%
Amazon -4.44%
Another big storyline emerging out of the last several weeks of market turmoil surrounds what will happen with yet-to-go public companies like Groupon, Zynga and even Facebook. Just a month ago, it seemed just about every Internet company to go public was soaring higher upon its debut as talk of a bubble went seemingly unanswered. Now, with major markets down more than 15% from their highs, it appears that some companies may have missed their window to IPO at a premium valuation – if at all.
For keeping up with the latest stock market news, check out some of these tools and apps:
1. CNBC Real-Time for iPad [iTunes link]
Released in December 2010, CNBC's iPad app remains one of the best finance apps for the iPad.
It includes real-time stock quotes and charts from the New York Stock Exchange, NASDAQ and the Dow Jones Industrial Average.
2. Bloomberg and Bloomberg Anywhere
Bloomberg's free mobile app isn't as feature-rich as what you get from CNBC, but it does work on multiple platforms. It loads quickly, has market quotes (delayed) and has fantastic charts.
For Bloomberg Professional subscribers, the Bloomberg Anywhere apps turn your iPad or smartphone into a Bloomberg Professional desktop.
3. NASDAQ QMX Portfolio Manager [iTunes link]
StockTwits and Nasdaq teamed up to combine the StockTwits Human Ticker with real-time market data.
The iPad app is free and also provides access to StockTwits discussions, post updates and StockTwits.tv.
StockTwits also has mobile apps for the iPhone, BlackBerry and Android.
4. Yahoo MarketDash for iPad and Yahoo Finance for Mobile
Yahoo finance remains one of the best financial portals on the web. The MarketDash app for iPad provides real-time market data, stock performance comparisons and interactive charts.
The Yahoo Finance mobile apps are available on the web, for BlackBerry, iPhone and Android.
5. E*Trade Mobile Pro
The E*Trade Mobile Pro app is a great tool for ETrade customers, but the real-time market and news data also makes it a great app to follow the state of the market for users who use a different brokerage firm.
6. YCharts
YCharts is a superb research tool that lets users chart data from 70 different metrics for more than 5,000 stocks.
It has a clean interface and lets users run comparison charts for multiple companies or for industries. It also has economic indicator charts going back almost 100 years.
7. FinViz
FinViz is a top-notch stock screener and visualization tool. Most of the content on the site is free, but for $40 a month, users can access real-time quotes, premarket data and more advanced charting.
8. & 9. Chart.ly/StockTwits
In just three years, StockTwits has evolved from a Twitter app into a bonafide social network for investors.
8. & 9. Chart.ly/StockTwits
Along with Chart.ly and the recently released StockTwits IR Suite, StockTwits is at its core, a way for investors to share ideas, charts and news in real-time.
10. Seeking Alpha
Seeking Alpha is one of the biggest stock market sites on the web. It publishes more than 250 articles daily, with a focus on opinion and analysis, rather than news.
The site also serves as a great research point for investors and it has a vibrant community of contributors and commenters.
More About: investing, stock marketFor more Business & Marketing coverage:Follow Mashable Business & Marketing on TwitterBecome a Fan on FacebookSubscribe to the Business & Marketing channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Mon, 08 Aug 2011 20:19:28 +0000 at http://feeds.mashable.com/~r/Mashable/~3/bZVR1JL3yjU/
Comments: http://mashable.com/2011/08/08/stock-market-selloff/#comments
Tech stocks were not spared in the selloff, with some names – including those that recently IPO’d – falling sharper than the broader indexes. Here’s how some of the publicly-traded companies that Mashable follows fared on Monday:
LinkedIn -17.38%
eBay -8.02%
Zillow -7.35%
Pandora -7.62%
Netflix -6.00%
Google -5.70%
Yahoo -5.54%
Apple -5.46%
Microsoft -4.67%
Amazon -4.44%
Another big storyline emerging out of the last several weeks of market turmoil surrounds what will happen with yet-to-go public companies like Groupon, Zynga and even Facebook. Just a month ago, it seemed just about every Internet company to go public was soaring higher upon its debut as talk of a bubble went seemingly unanswered. Now, with major markets down more than 15% from their highs, it appears that some companies may have missed their window to IPO at a premium valuation – if at all.
For keeping up with the latest stock market news, check out some of these tools and apps:
1. CNBC Real-Time for iPad [iTunes link]
Released in December 2010, CNBC's iPad app remains one of the best finance apps for the iPad.
It includes real-time stock quotes and charts from the New York Stock Exchange, NASDAQ and the Dow Jones Industrial Average.
2. Bloomberg and Bloomberg Anywhere
Bloomberg's free mobile app isn't as feature-rich as what you get from CNBC, but it does work on multiple platforms. It loads quickly, has market quotes (delayed) and has fantastic charts.
For Bloomberg Professional subscribers, the Bloomberg Anywhere apps turn your iPad or smartphone into a Bloomberg Professional desktop.
3. NASDAQ QMX Portfolio Manager [iTunes link]
StockTwits and Nasdaq teamed up to combine the StockTwits Human Ticker with real-time market data.
The iPad app is free and also provides access to StockTwits discussions, post updates and StockTwits.tv.
StockTwits also has mobile apps for the iPhone, BlackBerry and Android.
4. Yahoo MarketDash for iPad and Yahoo Finance for Mobile
Yahoo finance remains one of the best financial portals on the web. The MarketDash app for iPad provides real-time market data, stock performance comparisons and interactive charts.
The Yahoo Finance mobile apps are available on the web, for BlackBerry, iPhone and Android.
5. E*Trade Mobile Pro
The E*Trade Mobile Pro app is a great tool for ETrade customers, but the real-time market and news data also makes it a great app to follow the state of the market for users who use a different brokerage firm.
6. YCharts
YCharts is a superb research tool that lets users chart data from 70 different metrics for more than 5,000 stocks.
It has a clean interface and lets users run comparison charts for multiple companies or for industries. It also has economic indicator charts going back almost 100 years.
7. FinViz
FinViz is a top-notch stock screener and visualization tool. Most of the content on the site is free, but for $40 a month, users can access real-time quotes, premarket data and more advanced charting.
8. & 9. Chart.ly/StockTwits
In just three years, StockTwits has evolved from a Twitter app into a bonafide social network for investors.
8. & 9. Chart.ly/StockTwits
Along with Chart.ly and the recently released StockTwits IR Suite, StockTwits is at its core, a way for investors to share ideas, charts and news in real-time.
10. Seeking Alpha
Seeking Alpha is one of the biggest stock market sites on the web. It publishes more than 250 articles daily, with a focus on opinion and analysis, rather than news.
The site also serves as a great research point for investors and it has a vibrant community of contributors and commenters.
More About: investing, stock marketFor more Business & Marketing coverage:Follow Mashable Business & Marketing on TwitterBecome a Fan on FacebookSubscribe to the Business & Marketing channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Mon, 08 Aug 2011 20:19:28 +0000 at http://feeds.mashable.com/~r/Mashable/~3/bZVR1JL3yjU/
Comments: http://mashable.com/2011/08/08/stock-market-selloff/#comments