Coinbase ($COIN) leads a significant downturn among major technology firms, currently trading 69% below its record high. Both Oracle ($ORCL) and Salesforce ($CRM) have experienced 57% pullbacks from their all-time peaks.
ServiceNow ($NOW) has seen its market valuation decline by 56% from its record level. Meanwhile, Netflix ($NFLX) and Palantir ($PLTR) are both trading 48% lower than their previous historical highs. These figures indicate that several prominent tech giants have entered deep bear market territory, with losses ranging from 48% to nearly 70%.