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Growth vs. Value 7/20/23

Halftime Report

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The Sell-Off of a High Beta Stock

I don't think that the sell-off is justified to the extent of what's really going on here, but I get it. It's a high beta stock, as I had mentioned, and just the timing could not have been worse. The difference here is they're doing the right thing for their users, for their customers. Maybe it's a short-term hit, but long-term, it's for the best. So if you're an investor, that's what you should be concerned with. If you're a trader, your risk management should probably have you out.

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