Investors bailed out of a variety of big technology stocks Friday on concerns that future growth will be weaker than expected.

Some of the biggest tech names sold off in a big way.

Shares of the social media firm LinkedIn plunged 43 per cent after the company released a weak forecast for 2016 that disappointed market watchers. 

Tableau Software shares lost almost half their value after issuing a similarly bleak 2016 outlook.

Other social networking stocks also fell notably. Facebook dropped by 5.8 per cent; Twitter dove by seven per cent. 

But the carnage was wider than just the social media companies. Amazon shares fell more than six per cent, Google parent Alphabet fell almost four per cent, Netflix plunged 7.7 per cent and Apple dipped almost three per cent.

The selloff in technology was sparked by growing recession fears among investors. Many of the big technology stocks are especially vulnerable to selloffs as they trade at high multiples on expectations that strong growth will continue.

The tech-heavy Nasdaq Composite Index closed Friday at 4024, down 143 points, or 3.4 per cent.