CE 100 Index Slips 2.5% as Chip and Payment Names Lose Ground

The end of March and the first quarter proved rough sledding for the CE 100 Index, as all pillars slipped through the last full trading week of the month.

The overall Index was off 2.5%, almost in lockstep with the tech-heavy NASDAQ Index, and now stands 4.2% lower for the year-to-date performance.

The Enablers segment of the CE 100 Index dipped most visibly among the segments, down 4.1%.  Meta’s stock lost 6.1%. As reported here, Meta Platforms is seeking a ruling from a U.S. federal court...