TECHNOLOGY COMPANY SHARES FALL ON THE STOCK EXCHANGE AFTER DONALD TRUMP'S VICTORY

Following the Republican candidate's victory, shares of companies like Google, Facebook, Amazon, Microsoft, and Apple fell in New York.

Technology company shares fall on the Stock Exchange after Donald Trump's victory
CRYPTOCURRENCIES AND INVESTMENTS

Miércoles, 09 de Noviembre de 2016

Estimated reading time: 2 min.

The actions of technology firms, including that of Google's parent company, Alphabet; Apple, Facebook, Microsoft and Amazon, to name a few, woke up with losses this Wednesday after it was announced that Donald Trump is the winner in the United States elections.

So far, no executive of the aforementioned firms have expressed any position after the victory of the Republican candidate Donald Trump.

During the early hours of this Wednesday, Trump proclaimed himself president-elect of the United States after adding more than the 270 seats necessary in the Electoral College to be designated as the president.

Amazon

Amazon, founded and directed by Jeff Bezos, is one of the technology companies that registers the greatest decline. The stock of the e-commerce site loses 2.78% to settle at $766.97 per share compared to $787.75 at the previous close.

Apple

While the iPhone manufacturer, Apple, reports a decrease in its shares of 1.9%. During the intraday, the share of the company led by Tim Cook stands at 108.97 dollars compared to 111.06 at the close of Tuesday.

Facebook

Another company that reports a decline in the value of its shares is the social network created by Mark Zuckerberg. Facebook's stock fades 1.54%, from $124.02 per share at the close a day earlier to $122.29.

Google

The papers of the firm founded by Larry Page and Sergey Brin, now Alphabet, lose 1.53% to settle at $801.73 per share, compared to the $811.98 at which it closed one day before.

Microsoft

Meanwhile, Microsoft shares fell 1.26% from $60.47 to $59.73 per share.

Updated on: 10/11/2016 00:00:00

Source of Information: CNN Expansion

Disclaimer: The information presented does not constitute financial, investment, commercial or other advice and is solely the opinion of the writer. By using the information on this site, you agree that we are not responsible for losses, damages or injuries arising from the use or interpretation of the information.

LATEST NEWS DE
CRYPTOCURRENCIES AND INVESTMENTS

LATEST NEWS