Broadcom, Ciena, YPF, Warner Bros. Discovery, Tesla, Rubrik, Amer Sports, Rivian, Boeing, Astera Labs, Alphabet, and Arm were top performers last week.
Going public is a big corporate decision. It can often lead to a huge increase in value, or shares getting crushed. These stocks have fared incredibly well.
In the very short term, I would say the further downside is likely but not for long. These are not ideal conditions, so either sit it out or make sure you take your profits early.
Wall Street kicked off the week leading up to the Federal Reserve’s Jackson Hole Symposium with a positive momentum as traders anticipate reassuring signals from policymakers about the impending start of interest rate cuts, following further easing
