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# Most Music & Tech Stocks Tumble As Twitter Hits All Time Low
- URL: https://www.hypebot.com/most-music-tech-stocks-tumble-as-twitter-hits-all-time-low/
- Published: 2014-05-07T17:34:10.000Z
- Updated: 2014-05-07T17:34:10.000Z
- Description: Most music and tech stops traded sharply downward on Wednesday, as Wall Street reacted a cluster of mixed earning reports. Pandora, Facebook, Google, Twitter, Apple, Amazon, AOL, Yahoo SiriusXM and SFX. Continue reading [https://www.hypebot.com/hypebot/2014/05/most-music-tech-stocks-tumble-as-twitte
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, #wp, #wp-post, #Import 2026-01-21 10:38

[![image from www.hypebot.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201a73dbe736f970d-75wi "image from www.hypebot.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201a73dbe736f970d-popup?ref=hypebot.com)

Most music and tech stops traded sharply downward on Wednesday, as Wall Street reacted a cluster of mixed earning reports. Pandora, Facebook, Google, Twitter, Apple, Amazon, AOL, Yahoo SiriusXM and SFX all finished down. Of the 10 music and entertainment stocks tracked daily by Hypebot, only Live Nation and Sony Corp traded up.

Twitter was among the worst hit. Twitter shares fell 17% Tuesday and fell again 3.7% to an all time low of $30.66 Wednesday. Overall the markets were mixed on Wednesday. The Nasdaq Composite ended the day 0.32% down. The Standard & Poor's 500 Index gained 0.56%.

You're seeing a brutal shift from growth and momentum investing to more value-based investing," Chad Morganlander, a fund manager at Stifel Nicolaus & Co., [told Bloomberg News](http://www.bloomberg.com/news/2014-05-07/u-s-stock-index-futures-little-changed-as-groupon-falls.html?ref=hypebot.com). "The momentum stocks are ridiculously overvalued, but nonetheless, the overall broader market is fairly valued."

Prices at Wednesday's close:

**AAPL** \- NMS$592.33

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Apple Inc.

**AMZN** \- NMS$292.71

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Amazon.com, Inc.

**FB** \- NMS$57.39

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Facebook, Inc.

**GOOG** \- NMS$509.96

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Google Inc.

**LYV** \- NYQ$23.03

![Up](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_up_green.png)

Live Nation Entertainment, Inc.

**P** \- NYQ$22.17

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Pandora Media, Inc. Common Stoc

**SIRI** \- NMS$3.15

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Sirius XM Holdings Inc.

**SFXE** \- NMS$6.62

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

SFX Entertainment, Inc.

**SNE** \- NYQ$17.55

![Up](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_up_green.png)

Sony Corporation Common Stock

**TWTR** \- NYQ$30.66

![Down](http://us.i1.yimg.com/us.yimg.com/i/us/fi/ws/badges/v1/arrow_down_red.png)

Twitter, Inc. Common Stock

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