A look at the biggest single-day drops for tech stocks
On February 3, 2022, Meta saw a 26.4% decline, which removed $232 billion from its market cap. Intel experienced a 26.1% slide on August 2, 2024, leading to a loss of more than $30 billion. Nvidia faced a 17% decrease on January 27, 2025, resulting in $560 billion in value being wiped out, and IBM saw a 25% drop on July 14, 2026, which erased almost $70 billion. Additionally, Microsoft shares fell 10% on January 29, 2026, causing a $357 billion reduction in market value.