As the Robinhood debacle shows, not much has changed over the decades when it comes to initial public offerings.
When we combine the poorly placed HOOD IPO with the startling miss and guidance markdown in Amazon, the stage seems to be set for a correction.
There were positive earnings call takeaways for AWS, YouTube and Microsoft Dynamics, among other businesses.
The Russell 2000 climbed this week as the big-cap tech names reported and Robinhood's initial public offering disappointed. Now will we see a deeper correction?
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