Some important context.
S&P/ASX All Technology Index is in correction territory - down 14% since November.
Another sell off like Thursday will push technology stocks into bear market territory.
In the last month:
MP1 down 10%
Life360 down 10%
Xero down 5%
Afterpay down 20% (should be more given the joke APT is)
Nasdaq down 3.6%… in just four 2022 sessions.
Tech will be back and it’s great Pointerra is not a debt funded “idea”. That said, could be a long year.
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