Comments from Tesla CEO Elon Musk seem to be putting pressure on shares of the ride-hailing companies.
As of this writing, Reddit (NYSE:RDDT) stock has been publicly trading for about a month. For a variety of reasons, the stock is down about 20%. But what may be most concerning is that volume is down sharply. It’s too early to draw firm conclusions. However, the stock does not appear to have the committed following of some Reddit stocks that were a core argument for the company’s initial public offering (IPO). The popularity of these “meme stocks,” on subreddits such as WallStreetBets made the s
Let's see if there could be more upside in Lyft (LYFT) or Uber Technologies (UBER) shares and if their stocks should be considered after a market correction.