Does anyone know what's happening to SHOP today?

Discussion in 'Stocks' started by RGLD, Nov 9, 2020.

  1. RGLD

    RGLD

    Down 9%.. It opened low too. I can't find any news on it.

    Why isn't SHOP a popular stock on this forum? It's returns are pretty good and definitely a progressive stock. If you can have SNAP, SHAK, and Pintrest topics you can have SHOP too!
     
  2. Today is all about old-economy, pre-covid companies. All the tech that got bought up during Covid is not in favor today. With the hope of a vaccine, people are favoring the beat-up companies that have hopes of a rebound now. NDX100 is barely positive as I type this. AMZN is down.
     
    george_the_second and KCalhoun like this.
  3. S2007S

    S2007S

    Stay at home stocks are down due to possibility of a vaccine being "90%" effective...

    Look at
    Amazon
    Zoom
    Wayfair


    Alll down.
     
  4. KCalhoun

    KCalhoun

    Excellent points. Note ZM way down and tech inverse SQQQ up
     
  5. RGLD

    RGLD

    Biden is already talking about a second wave of lockdowns. So who knows.
     
    KCalhoun likes this.
  6. vanzandt

    vanzandt

    He's awake now?
    Well give him a few, he'll get the Pfizer news I'm sure.
     
    Clubber Lang and KCalhoun like this.