Blown Up


If a stock falls 80%, it has to make 400% to get back to even. That unenviable challenge is where a lot of companies find themselves today. 303 stocks in the Russell 3000 are down more than 80% from their high.
These stocks collectively have lost more than $1 trillion in market cap from their high.

$1 trillion in wiped out market cap is way more than I thought. I guess I underestimated the size of some of these high flie…

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