4 ms·
> I don't know why you think every tech stock has to move lockstep. Maybe because of ETFs? Maybe because of linked market psychology? I'm sure a professional
by mellavora 4y ago
> I don't know why you think every tech stock has to move lockstep.
Maybe because of ETFs?
Maybe because of linked market psychology?
I'm sure a professional trader could think of several other factors which would cause shares of companies in the same market/sector/industry would move together.
Lockstep, no, but highly correlated, yes.