jj122@lemmings.world to Stocks@lemmy.worldEnglish · 9 days agoTSLA Down 18%+ on the daymessage-squaremessage-square12fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1message-squareTSLA Down 18%+ on the dayjj122@lemmings.world to Stocks@lemmy.worldEnglish · 9 days agomessage-square12fedilinkfile-text
I know some will say correction, but this feels like an aggressive sell off. Avg volume is 86M, today’s 185M.
minus-squareHugin@lemmy.worldlinkfedilinkEnglisharrow-up0·9 days agoWith a P/E of over 100 it’s priced like a growth stock. It’s not looking like there is going to be much growth so a sell off makes sense.
With a P/E of over 100 it’s priced like a growth stock. It’s not looking like there is going to be much growth so a sell off makes sense.