Investors reassess the hope-and-hype business model, causing stocks like GrubHub to plunge

Which is to say it remains a discerning, uneven market. The equal-weighted version of the S&P 500 has trended lower over the past year versus the standard market-cap-weighted index - a sign the "average stock" is fading relative to the mega-caps.Jeff deGraaf of Renaissance Macro Research says, this pattern "is not necessarily bearish.

Before this year, the oncoming rush of unicorn IPOs was viewed as having two-sided risk. On one hand, a breathless and heedless stampeding into these brand-name startups might have generated a speculative froth and overconfidence in easy money - as in the later 1990s.

Gravity, inescapable gravity.

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How the stock market ends the year is now up to President Trump, investors saySome Wall Street analysts believe any losses from now on will be on Trump after the central bank pulled off a complete 180, cutting rates three straight times this year. ohhh, c'mon ...... why are you encouraging him ? 🤣🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »