Tesland other hypergrowth stocks could tear down what they built

Text size

The disparity in the major market indices reflects the huge swings of some big names in hypergrowth, like Tesla.

NYSE

What has the market done? Usually, that’s a fairly easy question to answer, even for network television hosts accustomed to parroting whatever is on the hunchback. But it proved to be a challenge last week, as Academy Securities strategist Peter Tchir pointed out, with the major averages splitting over several days.

Their usual North Star, the

Dow Jones Industrial Average,

ended up with a 1.8% increase for the week. But the

Nasdaq Composite,

the site of much of the stock, it lost 2.1%. And the

S&P 500,

the reference point for most professionals and …

Read More On Original Publisher

This Content is Original Published by @www.barrons.com