Over 400 NYSE-listed stocks lost more than half of their value in 2022; over 20 of them lost more than 90% of their value. Smart investors know several of these setbacks were made in error or were at least exaggerated. Considering just the investable large caps and mid caps, last year's big NYSE laggards are Asana (NYSE: ASAN), Twilio (NYSE: TWLO), and Wayfair (NYSE: W). Read More...
Motley Fool
Why Shopify, Palantir, and CrowdStrike Stocks Slumped on Thursday
Within the tech sector, shares of Shopify (NYSE: SHOP), Palantir Technologies (NYSE: PLTR), and CrowdStrike (NASDAQ: CRWD) are suffering worse than most, falling 3.3%, 3.9%, and 8%, respectively, through 12:05 p.m. ET. You can blame investment bank Jefferies for that — and Piper Sandler, too. Jefferies started off the new year with a series of downgrades, reversing its buy ratings and lowering Shopify, Palantir, and CrowdStrike to neutral, as ratings-watcher The Fly reports today.
