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The Nasdaq-100 Index is down 9% this month — Tesla leads this list of big tech stock declines

Tuesday kicked off a short trading week with another rout for technology stocks, led by Tesla Inc., which plunged 21.1%.

But that decline — and its 33.7% collapse so far this month — is only a dent in the car maker’s recent performance. Tesla’s
TSLA,
-21.06%

shares are still up 295% for 2020 and 626% from a year earlier.

More about Tesla:

• Tesla stock tumbles toward second bear market this year

• Panicking about Tesla? These charts will make you feel a lot better

The Nasdaq Composite Index
COMP,
-4.11%

fell 4.1% on Tuesday, and has now fallen 7.9% during September. But the index is up 20.9% for 2020. The Nasdaq-100 Index
NDX,
-4.76%

(the largest 100 Nasdaq companies by market capitalization, excluding financial companies) dropped 4.8% on Tuesday, for a September decline of 7.6%, trimming its year-to-date gain to 26.7%. (All price changes in this article exclude dividends.)

The Dow Jones Industrial Average
DJIA,
-2.24%

declined 2.2% on Tuesday, for a September loss of 3.3% and a 3.6% drop for 2020.

The S&P 500 Index
SPX,
-2.77%

was down 2.8% Tuesday. It has declined 4.8% in September but is up 3.1% for 2020.

The Nasdaq-100’s biggest losers this month

Here are the 20 stocks among the Nasdaq-100 that have fallen the most in September. Scroll the table to see all the data, including declines from all-time (split-adjusted) intraday highs:

Company

Ticker

Price change – Aug. 31 through Sept. 8

Price change – Sept. 8

Price change – 2020

Decline from all-time intraday high

Date of all-time intraday high

Tesla Inc.

TSLA,
-21.06%
-33.7%

-21.1%

294.7%

-34.3%

09/01/2020

Moderna Inc.

MRNA,
-13.19%
-16.3%

-13.2%

177.8%

-42.9%

07/17/2020

KLA Corp.

KLAC,
-9.77%
-15.0%

-9.8%

-2.1%

-20.2%

08/17/2020

Advanced Micro Devices Inc.

AMD,
-4.04%
-13.4%

-4.0%

71.6%

-16.5%

09/02/2020

Workday Inc. Class A

WDAY,
-3.34%
-13.0%

-3.3%

26.8%

-16.1%

08/28/2020

Apple Inc.

AAPL,
-6.72%
-12.6%

-6.7%

53.7%

-18.2%

09/02/2020

Splunk Inc.

SPLK,
-4.12%
-12.5%

-4.1%

28.1%

-15.1%

09/02/2020

MercadoLibre Inc.

MELI,
-5.61%
-12.5%

-5.6%

78.8%

-19.5%

08/10/2020

Nvidia Corp.

NVDA,
-5.62%
-10.9%

-5.6%

102.5%

-19.1%

09/02/2020

Electronic Arts Inc.

EA,
-4.48%
-10.9%

-4.5%

15.6%

-17.8%

07/13/2018

Fastenal Co.

FAST,
-5.53%
-10.5%

-5.5%

18.3%

-12.3%

09/02/2020

Microsoft Corp.

MSFT,
-5.41%
-10.1%

-5.4%

28.5%

-13.0%

09/02/2020

Synopsys Inc.

SNPS,
-4.78%
-10.1%

-4.8%

43.0%

-13.5%

09/02/2020

Lam Research Corp.

LRCX,
-9.12%
-10.0%

-9.1%

3.5%

-21.9%

08/03/2020

Adobe Inc.

ADBE,
-6.06%
-10.0%

-6.1%

40.1%

-13.9%

09/02/2020

Applied Materials Inc.

AMAT,
-8.74%
-9.7%

-8.7%

-8.9%

-20.4%

08/14/2020

Skyworks Solutions Inc.

SWKS,
-5.87%
-9.7%

-5.9%

8.2%

-15.2%

09/02/2020

Cadence Design Systems Inc.

CDNS,
-5.13%
-9.4%

-5.1%

44.8%

-14.6%

09/02/2020

Regeneron Pharmaceuticals Inc.

REGN,
-3.18%
-9.4%

-3.2%

49.6%

-15.5%

07/20/2020

Kraft Heinz Co.

KHC,
-5.10%
-9.4%

-5.1%

-1.2%

-67.5%

02/17/2017

Source: FactSet


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