We've had a few quarters of beats not getting rewarded, but misses getting slammed. Guidance has provided much more on direction over beats/misses. We're finally seeing the trend of both starting to turn lower, NFLX was a warning shot. Given the selloff of Twitter, Snap, etc, it seems like the markets are starting to re-evaluate valuations not based on the financials.
Has the bubble popped?
Submitted July 25, 2018 at 08:34PM by OptionsGeek https://ift.tt/2AdSNry
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