Peloton And Novavax Stock Drops After Earnings
In hisDaily Market Notes report to investors, while commenting on Peloton, Novavax and Norwegian Cruise Line, Louis Navellier wrote: With over a trillion dollars of market losses in the megacap companies in the last 3 days, the market is due for a bounce. Year to date the Dow is down 11.2%, the S&P -16.3%, both at the lowest level since March of 2021. The tech-heavy NASDAQ, which has had all positive annual returns since 2009, is down 25.7% year to date, the lowest since November of 2020. Q1 2022 hedge fund letters, conferences and more CPI BounceThe bounce today at that opening may have had s...