Stocks Drop Sharply On February 25 As Rates Explode

Zoom (ZM)

Zoom is closing in on $340, and that is a huge level. That is where the company priced its 5.1 million shares secondary. Markets have memories, and if that level breaks, that will likely bring out a lot of sellers, paving the way to probably $275.

Roku (ROKU)

Roku fell to support today at $385, and if that level doesn’t recover quickly, the next level is $318.

Have a good night!

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Disclosure: Mott Capital Management, LLC is a registered investment adviser. Information ...

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