Tech Stocks' Weak Month and 2010–Except for Apple, That Is…
Consumer-leaning tech stocks continue their year-to-date declines as June nears its end, with shares of a range of big names off.
That is, except for Apple, which continues to be the darling of investors.
It’s up 8.7 percent over the last month and 18.6 percent since January.
That is in stark contrast to: Google (GOOG), down 1.1 percent for the month, 23.9 percent year-to-date; Microsoft (MSFT), down 4.9 percent and 18.6 percent YTD; Yahoo (YHOO), down 4.3 percent and 12.7 percent YTD; Amazon (AMZN), down almost 4 percent and 10.9 percent YTD; and eBay (EBAY), down 4.3 percent and 12.2 percent YTD.
For the full year, though, everyone is up decently, due to weaker comparisons, with Apple (AAPL) leading the pack again with a 90.5 percent rise.
The exception: Yahoo, which is down 5.7 percent year-over-year.