Relentless Sell-Off of Many Tech Stocks and Bitcoin; Shopify Sell-Off vs Tesla; Rivian Lockup Ends; Spotify’s Ek Buying SPOT Shares
May 9, 2022
13:31
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In episode 55, JJ discusses the relentless sell-off of many tech stocks, despite big declines already, as well as Bitcoin along with them. Also, if Tesla sold-off like Shopify has, how much of a shock would that be to Tesla retail investors? Reports indicate that Ford and others are aiming to sell blocks of Rivian shares as the insider lockup ends. Spotify CEO Daniel Ek, on the other hand, says he’s buying $50m in Spotify shares, citing his strong belief in the company’s future.
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial help before making any investment decision.
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