Nasdaq stocks have been some of the hardest hit during the market downturn. In fact, over the last 12 months, the Nasdaq Composite Index has dropped more than 35%. This isn’t surprising, given the more growth-oriented nature of stocks listed on this exchange. Growth stocks are far more sensitive to interest rate increases, hence these types of stocks have been more greatly affected by the steep rise in interest rates this year. In addition, as the Federal Reserve continues to hike rates, in its
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