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Tech stocks fall sharply after $6 billion cryptocurrency theft
Shares of major tech companies dropped following the largest cryptocurrency hack in history, NBC News reports.
Photo: Martin Falbisoner / CC BY-SA 3.0, via Wikimedia Commons
Shares of leading tech companies including Amazon, Intel, and Alphabet, Google's parent company, experienced significant declines on Thursday, according to NBC News.
The downturn in tech stocks coincided with a major cybercrime event where hackers stole nearly $6 billion in cryptocurrency, marking the largest heist in the industry's history, NBC reported.
Wall Street is expected to monitor developments closely as it seeks to recover from this challenging day for technology stocks, NBC noted.
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