PayPal, Nike and Zoom suffer massive stock drops, losing 80% of value since 2021
- • A BestBrokers study found 172 major companies lost a combined $4.96 trillion in market value between 2021 & 2026.
- PayPal suffered the biggest percentage decline, losing 85.4% of its market value.
- Nike lost 80.4% of its value, while Adobe recorded a 69% decline.
- Rising competition, weaker demand & changing technology trends contributed to the losses.
Source: cfo.com
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