Snowflake reported earnings again, which these IPO companies should be prohibited from doing because it just kills the stock.

“The macroeconomic environment has deteriorated further and faster than anticipated.” Kathoomph. And Zoom gives up most of its knee-jerk mini-jump afterhours.

Margin debt started dropping a month before the Nasdaq went south, and it’s still dropping.

This is now a common phenomenon with these Imploded Stocks.

In October, Upstart was worth $35 billion, according to the collective idiocy of the hype-and-hoopla stock market. Now down to $3.6 billion.