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Select Momo Stocks Slammed
Normally we do not discuss individual stocks in the Afternoon Capsule or the Morning Capsule. However we do illustrate with individual stocks when there is a major development with broader impact. What has happened in the stock market today by the slamming of select momo stocks may have broader impact. Let’s explore with the chart of Peloton (PTON).
Please click here for an annotated chart of Peloton.
Note the following:
- PTON stock ran into the earnings.