BB - Why BlackBerry 2U and LivePerson Stocks Are Suffering Today
The market correction may have finally arrived on Tuesday, when the Nasdaq Composite Index first fell 4% in early trading, then began climbing out of its hole -- only to fail and fall back again. As of 1:15 p.m. EST, the tech-heavy index is down 2%, while individual tech stocks are doing worse -- and in some cases much worse.
At last report, shares of security software maker BlackBerry (NYSE: BB) are down 4%, for example, but education software maker 2U (NASDAQ: TWOU) and cloud customer relationship software maker LivePerson (NASDAQ: LPSN) are both down more than 11%.
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Why BlackBerry, 2U, and LivePerson Stocks Are Suffering Today