Stock markets in New York and Toronto sold off on Thursday, led by shares in technology companies that have been on a tear since the coronavirus pandemic began. Not just techBut technology stocks weren't the only ones selling off. Losses were slightly lower in Toronto, where the benchmark S&P/TSX Composite Index lost 249 point or almost 1.5 per cent. Shares in TSX-listed payment processing firm Lightspeed also lost about eight per cent to close at $43.70 a share. Since bottoming out at $12 a share in March, shares in Lightspeed had almost quadrupled prior to this week's swoon.
Source: CBC News September 03, 2020 16:41 UTC