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FinanceQuartzabout 2 hours ago
Five Major Stock Drops Hit Tech GiantsFive major single-day stock drops occurred in 2026 involving Alphabet, IBM, SpaceX, and Caterpillar. SpaceX fell 16% in June 2026, erasing roughly $400 billion in value. Alphabet lost 7% in July and nearly 13% in October 2026, erasing $482 billion. Caterpillar sank 9.3% on October 30, 2026, after a narrow revenue miss.
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