be_ixf;ym_202412 d_19; ct_50

Tag: Robinhood

Amazon Falls, Robinhood Tanks: Is the Growth Stock Rally Over?

Amazon Falls, Robinhood Tanks: Is the Growth Stock Rally Over?

Posted by | Aug 2, 2021 | , , ,

In one day, $110 billion was erased from Amazon.com (Nasdaq: AMZN)’s market cap following a less-than-stellar earnings report. Just before that, Robinhood (Nasdaq: HOOD) had the worst debut ever for an initial public offering (IPO) of its size.

So … is the party over for growth stocks?

Today, Ted and Clint look at the evidence and tell you what you could expect.

Read More

Newsletter Sign Up

Sponsored

CS Care Video

MEET OUR EXPERTS

WHAT READERS ARE SAYING..

“My portfolio has grown from 275k to almost 900k with only investments made with Banyan Hill.”

- David G. (Member since 2018)

“I started with $215,000 in Nov. 2018, It is now over 800,000. So very happy with Banyan Hill Publishing.”

- Larry K.

"You have done once again!! You are reminding me of the GREAT Joe DiMaggio with your consistent hitting!! You knocked this one out of the park!"

- Keith S.