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The Street
The Street
By Dan Weil Small-cap tech stocks have struggled recently, with the tech sector representing the No. 2 detractor from the Russell 2000 this year. Small-cap tech stocks have struggled in recent months, with the tech sector representing the No. 2 detractor from the Russell 2000 small-cap index so far this year, after healthcare. “Tech ranks in the middle of our small-cap sector framework on poor valuations, revisions and technicals,” Bank of America strategists and analysts wrote in a commentary. “The backdrop of rising rates, inflation and growth concerns may remain an overhang near-term. But p…
