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%
-43.6%
-36.1%
-31.1%
-18.9%
-9.8%
-6.1%
-3.1%
source: trueup.io
Other Notable Tech Companies
relative to all-time high
source: trueup.io
-98.9%
-95.7%
-91.6%
-89.8%
-89.5%
-88.6%
-87.8%
-85.5%
-84.8%
-83.6%
-82.1%
-80.0%
-79.1%
-78.9%
-74.6%
-73.4%
-73.0%
-69.1%
-68.8%
-67.6%
-67.3%
-62.6%
-61.6%
-61.5%
-50.2%
-50.1%
-47.1%
-41.5%
-40.8%
-40.3%
-28.3%
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.
Biggest drops across tech
relative to 52-week high
source: trueup.io
-99.7%
-99.4%
-98.3%
-98.0%
-97.9%
-97.8%
-96.9%
-96.8%
-96.8%
-96.6%
-96.3%
-96.1%
-96.0%
-95.9%
-95.0%
-94.7%
-94.6%
-94.2%
-94.0%
-93.9%
-93.7%
-93.2%
-93.1%
-92.8%
-91.5%
-91.0%
-90.5%
-89.9%
-89.8%
-89.8%
-89.0%
-88.8%
-88.1%
-87.6%
-87.1%
-86.9%
-86.7%
-86.5%
-86.2%
-86.1%
-86.1%
-85.3%
-84.9%
-84.1%
-83.5%
-83.2%
-82.8%
-82.7%
-82.7%
-82.5%
Tech companies closest to their high
relative to 52-week high
source: trueup.io
0.0%
-0.2%
-0.3%
-0.4%
-0.5%
-0.5%
-0.5%
-0.5%
-0.5%
-0.6%
-0.7%
-0.7%
-0.9%
-0.9%
-0.9%
-1.0%
-1.2%
-1.2%
-1.2%
-1.2%
-1.3%
-1.5%
-1.7%
-1.7%
-1.8%
-2.0%
-2.1%
-2.1%
-2.1%
-2.2%
-2.3%
-2.4%
-2.4%
-2.5%
-2.8%
-2.8%
-2.8%
-2.8%
-3.0%
-3.0%
-3.1%
-3.2%
-3.4%
-3.4%
-3.9%
-4.1%
-4.3%
-4.3%
-4.8%
-4.8%
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.