Hyper-growth stocks are getting slammed this year, with earnings out on Upstart (UPST) and Peleton (PTON) out this morning. Both are adding to the trend of selling stocks coming in short of earnings, or no earnings at all. Below are three stocks we’ll analyze during the day. For now, I wanted to get these charts out to you for consideration.
Fundamentals Matter
Upstart (UPST) is down 58% pre-market, trading at 32.47. And, as the chart shows, fundamentals do matter it needs ;earnings to grow.
Is Bill.com Holdings (BILL) about to follow Upstart?
Join us today in the trading room for our LIVE broadcast during market hours, as we navigate the current environment. We’ll discuss the stocks herein while we watch, listen, and trade from 9:20 AM to 4:15 PM Monday through Friday.
Happy Trading,
Vinny
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