It’s a nasty day for asset prices.
Around the world, the stock market is selling off. Here in the United States, shares are following suit in early-morning trading. Tech stocks are taking fresh blows, and sentiment among the investing classes has cooled from chilly to frozen as last year’s ebullience gets a long-awaited reality check.
To understand the scale of the pain, let’s use a few stocks as indicators. Coinbase, which saw its value skyrocket to as much as $368.90 per share after its direct listing, kicked off trading today for less than $100 per share. Zoom, whose value
Hey look, another downturn
![](https://techcrunch.com/wp-content/uploads/2021/10/exchange-banner-sq-grn-plus.jpg?w=300)
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