Yes, US tech like Apple, Facebook and Tesla falling 4-7% including after hours trading after earnings fails has little impact on APT. Huge valuation issues having been drawn into vivid question in the realistic face of earnings holds no concerns for APT trading at some 3-400 forward 2022 earnings (I will do APT holders the courtesy of not mentioning the 2-4,000 2021 P/E ratio).
Affirm down 7% including after hours. People in the US are finally starting to seriously talk about absurd valuations. Only really retail buying up here now. The smart money having jumped in cash for a while.
Best hope all those new US stay at home traders aren't too margined up on their accounts that have flooded into hyped new tech names. Because sure as hell the same investors in Tesla, Affirm, GameStop and the like are likely in APT too.
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