As Alibaba prepares for IPO, tech stocks retreat

By Ken Sweet

Published May 8, 2014 9:34pm ET

Add Washington Examiner on Google

As Alibaba prepares for IPO, tech stocks retreat — FILE - In this April 30, 2014 file photo, trader Steven Kaplan, right, works at the post that handles Twitter, on the floor of the New York Stock Exchange. Twitter, which peaked at $74.73 late last year, is down more than half from its peak, including a plunge Tuesday, May 6, 2014 after company insiders were allowed to sell stock for the first time since its IPO. (AP Photo/File) | AP

NEW YORK (AP) — It’s a tough time for a tech debut.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.