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Benzinga
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Top 3 Tech And Telecom Stocks That May Explode This Quarter

1. IAC Inc plans to spin off Angi, facing a 7% stock decline this month. 2. FuboTV's shares fell 14.4% after a merger deal with Disney. 3. Getty Images' stock dropped 30% post $3.7 billion merger announcement.

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FAQ

Why Bearish?

Significant stock declines in major firms indicate investor pessimism, similar to past sector downturns.

How important is it?

Oversold stocks in communication services may affect broader sector performance, impacting S&P 500.

Why Short Term?

Trends suggest immediate reactions to stock news; similar past reports correlated with quick declines.

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