Growth companies that have failed to deliver strong results over the last twelve months have taken a beating in the current bear market as investors want more than just promises of future growth. Two businesses that are struggling and haven't impressed investors this year are GoodRx Holdings (NASDAQ: GDRX) and Beyond Meat (NASDAQ: BYND). GoodRx Holdings, a company that provides customers with coupons on prescription medication, went public in September 2020. Read More...
Motley Fool
Why Nvidia, Meta Platforms, and Palantir Bounced Back Today
Shares of beaten-down big tech stocks Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Palantir Technologies (NYSE: PLTR) bounced back today, rising 2%, 3.4%, and 2.8%, respectively, as of 11:34 a.m. ET. There wasn’t much company specific news from these three today, but their shares being down so much on the year already, combined with some marginally favorable news this morning on interest rates and geopolitics, was enough to get their stocks moving higher. Equity investors may not have noticed, but Treasury Bond yields may be determining your stock portfolio performance this year more than you think — especially when it comes to technology growth stocks.
