The massive short squeeze fueling rampant retail buying continues Wednesday as earnings season trudges along, revealing some big losers last year and crippling the broader market ahead of a busy slate of reports after the closing bell.Shortly after the market open, the Dow Jones Industrial Average fell 388 points, or 1.4%, while the S&P 500 also fell 1.1%, and the tech-heavy Nasdaq shed 0.8%.
Heading up losses in the S&P, shares of apparel giant VF Corp, which last month completed an acquisition of streetwear staple Supreme, are down nearly 5% after the firm provided full-year earnings guidance solidly below analyst expectations as pandemic store closures and lower demanda record $11.9 billion loss last year and delayed the rollout of its 777X program until late 2023.
Shears sheep, until the sheeps stay calm
More good news please(((
Truth be told. They know We have watched this
dont sell. Hold it!
Live look at hedge fund managers everywhere....