Does anyone know what's happening to SHOP today?

R

RGLD

Down 9%.. It opened low too. I can't find any news on it.

Why isn't SHOP a popular stock on this forum? It's returns are pretty good and definitely a progressive stock. If you can have SNAP, SHAK, and Pintrest topics you can have SHOP too!
 
Today is all about old-economy, pre-covid companies. All the tech that got bought up during Covid is not in favor today. With the hope of a vaccine, people are favoring the beat-up companies that have hopes of a rebound now. NDX100 is barely positive as I type this. AMZN is down.
 
Stay at home stocks are down due to possibility of a vaccine being "90%" effective...

Look at
Amazon
Zoom
Wayfair


Alll down.
 
formikatrading said:
Today is all about old-economy, pre-covid companies. All the tech that got bought up during Covid is not in favor today. With the hope of a vaccine, people are favoring the beat-up companies that have hopes of a rebound now. NDX100 is barely positive as I type this. AMZN is down.
More...

Excellent points. Note ZM way down and tech inverse SQQQ up
 
You must log in or register to reply here.
Back
Top