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Silicon stocks take a battering in the Riot 50, Continental slide continues

The Riot 50 is tracking the financial fortunes of 50 of the most influential IoT companies. Focusing on specific markets, the goal is to study the impact that the IoT is having on these companies, and whether IoT technologies are translating into better financial results. Initially, it seems that they are. When viewed as a whole, the 50 companies have collectively grown 3.94% through the 15 weeks that we have been tracking them for. For comparison purposes, we are also tracking the FTSE 250, Dow Jones Industrial Average, S&P 500, and the Nikkei 225. These indexes, through the same 15 weeks, have only grown 0.41%. It’s been a bumpy road. When you look at the markets weekly performances, the 50…

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