zhixi0123
voted
Value or Growth Stocks? Lots of investors have long argued the dilemma.
The so-called growth stocks have been through their hard time in recent days. High-flying growth stocks are bordering on correction territory.
Familiar names like $Palantir (PLTR.US)$, $CrowdStrike (CRWD.US)$, $Snowflake (SNOW.US)$ $Salesforce (CRM.US)$ etc.
When talking about disruptive innovation, the name that comes up to investors' mind must be "ARK". And it's been a dismal week for Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$ , that's left nearly all of her holdings in bear market.
ARKK fell 12.6% this week for its worst week since February. It dropped 5.5% on Friday.
Is this the sign that people are not in favor of growth stocks and disruptive innovation companies? Or maybe it's just because investors need something more solid fundamentally under the risk of Omicron? Would you comment down below and tell mooers about your thoughts?
The so-called growth stocks have been through their hard time in recent days. High-flying growth stocks are bordering on correction territory.
Familiar names like $Palantir (PLTR.US)$, $CrowdStrike (CRWD.US)$, $Snowflake (SNOW.US)$ $Salesforce (CRM.US)$ etc.
When talking about disruptive innovation, the name that comes up to investors' mind must be "ARK". And it's been a dismal week for Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$ , that's left nearly all of her holdings in bear market.
ARKK fell 12.6% this week for its worst week since February. It dropped 5.5% on Friday.
Is this the sign that people are not in favor of growth stocks and disruptive innovation companies? Or maybe it's just because investors need something more solid fundamentally under the risk of Omicron? Would you comment down below and tell mooers about your thoughts?
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zhixi0123
commented on and voted
$Grab Holdings (GRAB.US)$ lost more than one-fifth of their value on their first day of trading in New York.
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations.
What's the reason that caused it to drop? Would you like to tell about your observation?
Shares fell 21% to $8.75, giving Grab a market capitalization of roughly $34.6 billion.
The Singapore-based company in April agreed to combine with the SPAC $Altimeter Growth Corp (AGC.US)$ in a deal that valued it at close to $40 billion, setting a high-water mark for transactions involving blank-check companies.
Even though it does hold great potential, the reality is cruel. Its first-day performance didn't reach people's expectations.
What's the reason that caused it to drop? Would you like to tell about your observation?
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zhixi0123 : Yes
zhixi0123 : 2
zhixi0123 : Lol
zhixi0123 : Yes
zhixi0123 : False