As The Nasdaq Wobbles Above January Lows, Stocks Crash

Founder of WallStreetWindow • Feb 20, 2022 at 4:47 PM EST

Now that the Nasdaq has wobbled above its January lows, stocks like Roblox and DraftKings blew up on Friday. In this video, I discuss all of this.

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Image Source: Unsplash

January saw a steep drop in the Nasdaq, and it ended in a rebound that stalled out below its 200-day moving average. Selling came into the market and now that the Nasdaq has wobbled above its January lows, stocks like Roblox (RBLX) and DraftKings (DKNG) blew up on Friday. I talk about this stock market action with David Skarica in this market update ahead of the opening bell this Tuesday.