Five of the seven ”Magnificent 7” tech stocks are now lagging behind the S&P 500, even though since they began trading publicly, all of those shares have been more likely to beat the index. Nvidia and Meta—up 160%, 67%, respectively, so far this year—are the only Mag 7 stocks that are beating the index’s 20% gain. Apple, Microsoft, Alphabet and Amazon were up 16%, 9.9%, 18%, and 19% in midday trading Monday.