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In the last 6 months Netflix is down 71%, Nvidia 23%, Facebook 36%, AMD 25%, Amazon 14%, General Motors 29%, Alphabet 20%, Volkswagen 32%, etc. Are these all f
by windowsrookie 4y ago
In the last 6 months Netflix is down 71%, Nvidia 23%, Facebook 36%, AMD 25%, Amazon 14%, General Motors 29%, Alphabet 20%, Volkswagen 32%, etc.
Are these all flagging companies as well?
- dymk 4y agoI take your point, but Netflix probably yes. Facebook, maybe. VW and GM, probably yes.
- mbesto 4y agoDisingenuous. Snap is nearly its IPO price. SNAP's last quarter revenue was down from 4 straight quarters of growth. FB, NVDA, AMD, AMZN, GM, GOOGL, etc. are all up orders of magnitude from IPO. It's a fair argument to say that the market is being corrected, and that SNAP is not on a trajectory similar to it's peers (FB, TWTR).