Meanwhile, massive trading in hundreds of imploded stocks that still haven’t been delisted inflates overall market trading volume.
The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange.
Americans have changed how they watch movies. They watch more than ever, but at home.
SEC, did you look at the story 2 months ago that Amazon “is set to win unconditional EU antitrust approval,” which caused iRobot to spike 39%?
But it was so much fun while it lasted?
Now they get to deal with the brick-and-mortar meltdown.
With EV charging, America is divided into two parts: Tesla’s network and everything else.
This is the kind of chart my pantheon of Imploded Stocks is full of, driven by what I call “consensual hallucination” that then vanished.
Spent its entire life burning $13.8 billion of investor cash. Landlords got free manna from heaven and can’t complain. A good scheme while it lasted for everyone but investors.
Down 94% from the infamous February 2021. These kinds of goofball charts are stunning — and now totally common.