Coinbase Shares Go Thunkadunk, -88% from High, amid Crypto Chaos, Plunging Revenues, Huge Loss: New Paradigm Where Gambling Tokens Blow Up the Casinos? by Wolf Richter • May 11, 2022 • 349 Comments You’re just “unsecured creditors” if we file for bankruptcy. But hey, CEO tweets: “We have no risk of bankruptcy.”
Massacre Just Doesn’t Let Up: Another IPO Stock Kathoomphed 43% Afterhours: -90% from High by Wolf Richter • May 9, 2022 • 86 Comments 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.
Palantir, like Hundreds of Startups Designed to Lose Money and Bamboozle Investors, Runs out of Bamboozle: -84% from High by Wolf Richter • May 9, 2022 • 151 Comments Those that believed the hype and hoopla and didn’t get out in time got thackamuffled.
Massacre of the Online Retail Stocks Amazon, eBay, Wayfair, Etsy, Shopify, Chewy, The Honest Co., as Folks Shift Spending from Goods Back to Services by Wolf Richter • May 5, 2022 • 243 Comments On crappy earnings and lowered guidance, many of these highflyer stocks kathoomphed -70% to -85% from highs last year.
How Uber Lost $5.5 billion on 4 SPAC & IPO Stocks: Grab, Didi, Aurora, Zomato. How it Got There, How They Imploded by Wolf Richter • May 4, 2022 • 77 Comments It’s funny, almost.
It Just Doesn’t Let Up: Lyft Plunges 26% Afterhours, Down 74% from the Hype-and-Hoopla Trade out the IPO Gate by Wolf Richter • May 3, 2022 • 156 Comments Another stock gets added to my Imploded Stocks column.
As IPOs Kathoomph, Exit Doors Close with Big Implications for the Broader Startup Scene by Wolf Richter • May 1, 2022 • 197 Comments Dotcom bust all over again, but bigger after 13 years of money printing.
WHOOSH, Go Stocks, Make Mess. Amazon Leads. Biggest Stocks Fall Apart. Crappy April. Terrible First 4 Months. ARKK now -70% by Wolf Richter • Apr 29, 2022 • 392 Comments But the mayhem started beneath the surface in Feb 2021.
Afterhours Massacre as Amazon Plunges, Apple, Intel, Tesla, even Meta Dive by Wolf Richter • Apr 28, 2022 • 258 Comments Meta? Didn’t it just spike? Friday is going to be interesting.
Now Alphabet Breaks, Microsoft too, Meta Already in Free-Fall: One by one, the Giant Stocks that Held Up the Market Let Go by Wolf Richter • Apr 22, 2022 • 269 Comments Ugly Day. But I’m more and more amazed how Microsoft’s CEO picked the very peak to dump half his shares last November.
