These high-flying tech stocks are down 60% — here’s how to shop the sell-off: One Big Investment Idea A new generation of futuristic, high-flying tech stocks has been cut down by roughly 60% from its highs.
That is enough damage to start looking for opportunity — but not enough to make every stock a bargain. “THE FUTURE IS ON SALE RIGHT NOW,” investor Shay Boloor wrote in a recent X post highlighting steep losses across companies tied to nuclear power, quantum computing, space, robotics, and artificial intelligence
The group spans several of the market’s hottest long-term themes. Oklo (OKLO) is tied to advanced nuclear power, IonQ (IONQ) to quantum computing, Rocket Lab (RKLB) and AST SpaceMobile (ASTS) to space, and CoreWeave (CRWV) and SoundHound AI (SOUN) to the AI build-out. Among 21 selected stocks, the median is down roughly 60% from its record high.
The hard part begins after the markdown. A stock that is down 60% is not automatically 60% “off.” Anchoring can turn the old high into a false reference point, making today’s price look cheap even when that earlier valuation was built on expectations that no longer hold. The recovery hurdle also grows much faster than the original loss, as this table shows.