2022-23 Tech Downturn

Biggest Tech Stock Declines

The average public tech company's stock price is down 38.9% from its 52-week high. 63% of public tech companies are down at least 25% from their 52-week high. 31% of public tech companies are down at least 50%. 13% of public tech companies (67 companies) are down at least 75%.

Data as of May 31 (updated monthly)

Big Tech / FAANG+

relative to all-time high
-50.8%
$660B loss
-43.6%
$136B loss
-36.1%
$698B loss
-31.1%
$307B loss
-18.9%
$365B loss
-9.8%
$101B loss
-6.1%
$158B loss
-3.1%
$89B loss
source: trueup.io

Other Notable Tech Companies

relative to all-time high
source: trueup.io
-98.9%
$31B loss
-95.7%
$58B loss
-91.6%
$48B loss
-89.8%
$30B loss
-89.5%
$69B loss
-88.6%
$155B loss
-87.8%
$117B loss
-85.5%
$86B loss
-84.8%
$71B loss
-83.6%
$26B loss
-82.1%
$52B loss
-80.0%
$277B loss
-79.1%
$138B loss
-78.9%
$40B loss
-74.6%
$75B loss
-73.4%
$45B loss
-73.0%
$15B loss
-69.1%
$33B loss
-68.8%
$51B loss
-67.6%
$152B loss
-67.3%
$64B loss
-62.6%
$78B loss
-61.6%
$46B loss
-61.5%
$86B loss
-50.2%
$21B loss
-50.1%
$70B loss
-47.1%
$7B loss
-41.5%
$83B loss
-40.8%
$53B loss
-40.3%
$129B loss
-28.3%
$87B loss
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Biggest drops across tech

relative to 52-week high
source: trueup.io
-99.7%
<$1B loss
-99.4%
$2B loss
-98.3%
$1B loss
-98.0%
$2B loss
-97.9%
<$1B loss
-97.8%
$16B loss
-96.9%
$24B loss
-96.8%
$1B loss
-96.8%
$9B loss
-96.6%
$2B loss
-96.3%
$1B loss
-96.1%
$1B loss
-96.0%
<$1B loss
-95.9%
<$1B loss
-95.0%
$11B loss
-94.7%
<$1B loss
-94.6%
$1B loss
-94.2%
<$1B loss
-94.0%
<$1B loss
-93.9%
<$1B loss
-93.7%
<$1B loss
-93.2%
<$1B loss
-93.1%
$6B loss
-92.8%
<$1B loss
-91.5%
$11B loss
-91.0%
<$1B loss
-90.5%
$2B loss
-89.9%
<$1B loss
-89.8%
<$1B loss
-89.8%
$1B loss
-89.0%
$1B loss
-88.8%
$2B loss
-88.1%
$2B loss
-87.6%
$2B loss
-87.1%
<$1B loss
-86.9%
$4B loss
-86.7%
<$1B loss
-86.5%
$2B loss
-86.2%
<$1B loss
-86.1%
$1B loss
-86.1%
<$1B loss
-85.3%
<$1B loss
-84.9%
<$1B loss
-84.1%
<$1B loss
-83.5%
$2B loss
-83.2%
<$1B loss
-82.8%
<$1B loss
-82.7%
<$1B loss
-82.7%
<$1B loss
-82.5%
<$1B loss

Tech companies closest to their high

relative to 52-week high
source: trueup.io
0.0%
<$1B loss
-0.2%
<$1B loss
-0.3%
<$1B loss
-0.4%
<$1B loss
-0.5%
<$1B loss
-0.5%
<$1B loss
-0.5%
<$1B loss
-0.5%
$1B loss
-0.5%
<$1B loss
-0.6%
<$1B loss
-0.7%
<$1B loss
-0.7%
$2B loss
-0.9%
<$1B loss
-0.9%
<$1B loss
-0.9%
<$1B loss
-1.0%
<$1B loss
-1.2%
$33B loss
-1.2%
<$1B loss
-1.2%
<$1B loss
-1.2%
<$1B loss
-1.3%
<$1B loss
-1.5%
$10B loss
-1.7%
<$1B loss
-1.7%
<$1B loss
-1.8%
<$1B loss
-2.0%
<$1B loss
-2.1%
$1B loss
-2.1%
<$1B loss
-2.1%
$2B loss
-2.2%
<$1B loss
-2.3%
$56B loss
-2.4%
<$1B loss
-2.4%
$4B loss
-2.5%
<$1B loss
-2.8%
$2B loss
-2.8%
$2B loss
-2.8%
<$1B loss
-2.8%
$45B loss
-3.0%
<$1B loss
-3.0%
<$1B loss
-3.1%
$2B loss
-3.2%
$10B loss
-3.4%
$2B loss
-3.4%
<$1B loss
-3.9%
<$1B loss
-4.1%
$2B loss
-4.3%
$4B loss
-4.3%
<$1B loss
-4.8%
<$1B loss
-4.8%
<$1B loss
TrueUp job search
Who's Still Hiring
TrueUp scans all 0 open tech jobs at top startups, unicorns, and big tech and sends you weekly updates of the ones most relevant to you.