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Investors turn more skeptical about the tech stock label

by Interactive Brokers Traders Insight|Published November 7, 2019

Steve Sosnick, Interactive Brokers’ Chief Strategist, discusses the recent outcomes of earnings releases.

There have been some outliers that have seen some harsh results such as GrubHub (GRUB) and Beyond Meat (BYND).

Have investors become more skeptical which companies are really tech stocks? 

Photo Credit: TLC Jonhson via Flickr Creative Commons

AUTHOR

Interactive Brokers Traders Insight
Interactive Brokers Traders Insight
Interactive Brokers Traders’ Insight (IBTI) is a venue for market-related articles and commentary covering an array of asset classes and topics. All articles published on Traders’ Insight are simultaneously published directly to our trading platform (TWS).
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Covestor Ltd, also known and doing business as Interactive Advisors, is an Interactive Brokers Group Company. It is an investment advisor registered with and regulated by the Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940. Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC.

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