Overvalued Stock Market Beginning To Fray At The Edges
Tim Knight | May 06, 2021 12:57PM ET
Around the edges, this laughably overvalued stock market is beginning to fray. I offer to you below a large quantity of relatively new stocks that have pledged all manner of earth-changing and life-saving promises, and yet are just a series of empty suits. My weariness from uttering “lifetime highs” is alloyed by my observation of “lifetime lows” on such financial instruments at these, and I suspect that word pair will be employed for a long while to come with this dreck. Here are the unlucky 13:
1. Airbnb Inc (NASDAQ:ABNB):
2. Bumble Inc (NASDAQ:BMBL):
3. Chewy Inc (NYSE:CHWY):
4. Coinbase Global Inc (NASDAQ:COIN):
5. DoorDash Inc (NYSE:DASH):
6. Datadog Inc (NASDAQ:DDOG):
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7. Fastly Inc (NYSE:FSLY):
8. Lemonade Inc (NYSE:LMND):
9. Nkarta Inc (NASDAQ:NKTX):
10. Palantir Technologies Inc (NYSE:PLTR):
11. Quantumscape Corp (NYSE:QS):
12. Snowflake Inc (NYSE:SNOW):
13. Sumo Logic Inc (NASDAQ:SUMO):
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