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home / news releases / PLTK - Tech stocks hit hard as Russia invades Ukraine

PLTK - Tech stocks hit hard as Russia invades Ukraine

Playtika Holding Corp.
Tech stocks fell sharply in premarket on Thursday, as the ramifications of Russia's invasion of Ukraine were being felt far and wide. Mega-cap tech stocks like Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (GOOG, GOOGL) and Meta Platforms (NASDAQ:FB) were all down 3% or more. Semiconductor stocks, such as Advanced Micro Devices (NASDAQ:AMD), Nvidia (NASDAQ:NVDA), Marvell Technology (NASDAQ:MRVL) and Intel (NASDAQ:INTC) saw declines between 2% and 6%. Cyber security stocks, which many have pointed to as a sector that could ultimately benefit as Russia launches cyber attacks, were also falling in premarket, with Palo Alto Networks (NASDAQ:PANW), Zscaler (NASDAQ:ZS) and Fortinet (NASDAQ:FTNT) down between 2% and 3%. Israeli-based Check Point Software (NASDAQ:CHKP) rose slightly in premarket trading, changing hands at $130.75. Seeking Alpha has compiled a list of tech stocks that have direct exposure to Ukraine, including Fiverr (NYSE:FVRR), ironSource (NYSE:IS) and Playtika (NASDAQ:PLTK).

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Tech stocks hit hard as Russia invades Ukraine
Stock Information
Company Name: Playtika Holding Corp.
Stock Symbol: PLTK
Market: NASDAQ
Website: playtika.com
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