Major tech and healthcare firms, including Microsoft, Amazon, and Meta, have recently hit 52-week lows, reflecting escalating investor concerns amid a challenging market environment. Edwards Lifesciences, struggling with disappointing Q3 sales and lowered EPS guidance, plummeted 17.9% to reach a new low. While Fortinet showed revenue growth, it still faced the pressures of a declining market. Earlier, leading U.S. equities showed significant downturns amid election anxiety, with Alphabet and Edwards Lifesciences suffering substantial losses in equity value, further compounding market fears.
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