Stocks that were pandemic favorites have declined sharply in recent months, with DocuSign's crash today the most telling. Is this a sign of things to come? Does this signal a broader move out of tech stocks to other sectors?
Markets are reminding us pandemics are followed by endemics. And this one is accompanied by inflation.
Tech Industry
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What do you think is wrong with a kid who got rejected by 9 colleges?
Health & Wellness
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Closed now - thank you all
India
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Modi is a legend, will be remembered for centuries to come
All of those were high growth stocks with insane P/E ratios. Their slowing growth meant that those P/E ratios were not worth the price with deceleration especially when all were reliant on stay at home. I was betting on all to crash including Zillow and chegg. You need to think more as those stock were more speculative than the rest. If you want to play it safe stick with mega caps.
This^ The faster they grow than the market, the faster they fall when market falls.
Could you explain why Tesla isn’t crashing? I want to short the meme stock