Those investors who hold Costco because they believe in the retailer are not among friends when it comes to many of their fellow stockholders.
The index of major Chinese technology companies listed in Hong Kong has given up 20.5% of its value in less than a month.
For now, they have achieved their objective, showing President Biden firmly who is in charge.
Follow Real Money's Wall Street Pros to receive real-time investing alerts
Already a Subscriber? Login