The Nasdaq Drops 1.5% and the 'Doom Posts Start Flooding in,' Says one Investor. Asks, When Will People Learn?
A recent sharp sell-off in technology stocks was enough to send the Nasdaq 100 index tumbling 1.5%, but for one investor, the market reaction felt all too familiar. “Here we go again. Nasdaq drops nearly 2%, doom posts start flooding...
Quick take
Read original at Yahoo Finance The Nasdaq 100 index dropped 1.5%, prompting an investor to post on Reddit's r/stocks forum, questioning when people will learn from repeated market reactions. The investor argued that investors panic and sell, only to watch the market recover. Many commenters agreed, citing the index's strong gains over the past year.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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