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Tag Archives: investment

The mighty overvalued stocks are falling, falling …

23 Saturday Apr 2022

Posted by Dagny Gromer in Misc.

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investment, nasdaq

The run-up in the share price has been huge. Since Nadella was appointed CEO of Microsoft in February 2014, following the retirement of Steve Ballmer, shares of Microsoft have risen by 800%, in a near perfect and dizzying exponential curve that defied gravity, with well over half that gain in the last 20 months, giving the company a market capitalization of $2.5 trillion.

https://wolfstreet.com/2021/11/29/microsoft-ceo-nadella-dumped-50-of-his-msft-stock-in-one-day-following-in-elon-musks-footsteps/

The Nasdaq fell 2.6% today and is now again down over 20% from its peak last November. A lot of stocks got hammered today. But it was the giants that stole the spotlight. They’re now letting go.

https://wolfstreet.com/2022/04/22/now-alphabet-broke-microsoft-lets-go-meta-already-in-free-fall-one-by-one-the-giant-stocks-that-held-up-the-market-are-letting-go/
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