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Shares of companies in the broader tech sector are trading lower amid a rise in yields. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.

Benzinga ·  May 7, 2022 02:41
Shares of companies in the broader tech sector are trading lower amid a rise in yields. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.
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