Most of biggest winners are now down over -20% from highs
This is what’s going on under the hood 👇
Most of last year’s/the early part of 2025’s biggest winners are now down over -20% from highs.
$Strategy(MSTR)$ $IONQ Inc.(IONQ)$ $Astera Labs, Inc.(ALAB)$ $Lemonade, Inc.(LMND)$ $CAVA Group Inc.(CAVA)$ $GRAIL, Inc.(GRAL)$ $Oklo Inc.(OKLO)$ $Hims & Hers Health Inc.(HIMS)$ $Tesla Motors(TSLA)$ $Rocket Lab USA, Inc.(RKLB)$ $Axon Enterprise, Inc.(AXON)$ $Reddit(RDDT)$ $AST SpaceMobile, Inc.(ASTS)$ $Tempus AI(TEM)$ $Carvana Co.(CVNA)$ $Robinhood(HOOD)$ $AppLovin Corporation(APP)$ $Palantir Technologies Inc.(PLTR)$
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More ugly action under the hood. China stocks were leading just last week.
$Alibaba(BABA)$ $BABA-W(09988)$ -10% today
Leaders being taken out 1 by 1
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