Techstartup RIP 10.15.08: Nasdaq and SkyRider

Tech Startups 3.0 · October 15, 2008 · Short URL: https://vator.tv/n/494
Bmh21_3

source: venturebeat

Source: P2P startup SkyRider has shut down
VentureBeat, CA - 3 hours ago
"Troubled peer-to-peer technology startup SkyRider has shut down, a reliable source tells me. I’ve reached out to the company for comment but haven’t heard..."

 

And the end is NOT near:

 

"Nasdaq suffers worst outing in 10 years

Tech-heavy index falls 8.5% as grim economic data pressure market

 

"Technology stocks plunged 8.5% Wednesday, with the Nasdaq Composite Index marking its worst one-day percentage decline in 10 years, as another dramatic market sell-off across the board gained steam on dismal economic news.

The Nasdaq lost 150.7 points to close at 1,628.3. The loss was second only to the index's drop on Aug. 31, 1998, when it fell 8.6%. "

https://www.marketwatch.com/news/story/nasdaq-plunges-85-worst-single/story.aspx?guid=%7BF2FA0C77-D313-4ED5-A40F-1417855A8D89%7D&dist=msr_4 

Support VatorNews by Donating

Read more from our "Trends and news" series

More episodes