Billionaire investor Mark Cuban adds to his Twitter stake as stock market craters

📆 12/03/2020 21:00:00
📰 CNBC

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Cuban said on 'Halftime Report' that the market has not 'hit a level that is really out of line.'

Shares of the social media company plunged more than 11% in Thursday's overall market plunge. The stock hit a new 52-week low Thursday.

Cuban, who sold a company that he co-founded to Yahoo at the height of the tech bubble, said he is not sure when the overall market will bounce back. He advised that investors take a step back and look at the longer path of stocks, pointing out that the market is still above where it was at the bottom of the December 2018 sell-off.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

This Dow member has beaten the market during the last three recessionsFor investors increasingly worried that the coronavirus would tip the U.S. economy into a recession, buy this stock as it has trounced the market during the past three downturns.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

As energy stocks sink, analysts say to buy these solar names insteadNew for subscribers: As energy stocks sink, analysts say to buy these solar names instead Check out CNBCPro and get your first 30 days free.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »