Shares of social media and communications stocks are trading lower amid overall market weakness on rising yields, which have pressured growth stocks.
Portfolio Pulse from Benzinga Newsdesk
Shares of social media and communications stocks are trading lower due to overall market weakness caused by rising yields, which have put pressure on growth stocks.
October 18, 2023 | 7:40 pm
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NEGATIVE IMPACT
FUBO's stock is trading lower due to overall market weakness and rising yields.
Rising yields have led to overall market weakness, which is negatively impacting growth stocks like FUBO.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
PINS's stock is trading lower due to overall market weakness and rising yields.
Rising yields have led to overall market weakness, which is negatively impacting growth stocks like PINS.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
ROKU's stock is trading lower due to overall market weakness and rising yields.
Rising yields have led to overall market weakness, which is negatively impacting growth stocks like ROKU.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
SPOT's stock is trading lower due to overall market weakness and rising yields.
Rising yields have led to overall market weakness, which is negatively impacting growth stocks like SPOT.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100