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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.

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