Technological know-how stocks have taken a beating this 12 months. Many particular person traders have applied it as an possibility to double down.

The Nasdaq Composite Index—home to the massive tech shares that propelled the market’s decadelong rally—has fallen 21% in 2022. Shares of Amazon.com Inc. and the dad and mom of Google and Fb have endured double-digit declines as nicely, stung by higher fascination costs and souring attitudes about their growth prospects.