So where do the traders think they will go from here?
Netlfix was the worst performer of the group, and CNBC "Fast Money" trader Dan Nathan said that Netflix could dip to $80 in the near future.
"On an institutional basis, I'm not sure there's an incremental buyer here. The analyst community did suck a lot of retail in, so now we're in very uncertain times; there's no valuation support. We've seen some of their competitors get absolutely creamed, like Disney," he said.