Why Square, Roku, Teladoc, and Shopify All Dropped on Friday

Why Square, Roku, Teladoc, and Shopify All Dropped on Friday

Shares of some of the hottest technology stocks on the market dropped big on Friday and there's a good reason shares are moving in unison. Square (NYSE: SQ) fell as much as 12.4% early in the day, Roku (NASDAQ: ROKU) dropped 10.4%, Shopify (NYSE: SHOP) was off 11.1%, and Teladoc Health (NYSE: TDOC) dropped 11.2%. As of 1:40 p.m. EST, shares of Square were down 2%, Roku was up 0.2%, Shopify was down 3.1%, and Teladoc was down 4.3%.