Pullbacks in the market are always excruciating when happening, but put aside the emotions of the moment and you can set yourself up for many months (and years) of positive returns. It takes steadiness to see through the tumult of corrections. Here are seven stellar companies with market caps that have been severely reduced:
fuboTV (FUBO) $649M
DocGo (DCGO) $754M
Nextdoor (KIND) $1.1B
Magnite (MGNI) $1.5B
LiveRamp (RAMP) $1.8B
Digital Turbine (APPS) $2.6B
Doximity (DOCS) $6.8B
“There are three ways to make a living in this business: be first; be smarter; or cheat. Now, I don’t cheat. And although I like to think we have some pretty smart people in this building, it sure is a hell of a lot easier to just be first.” –John Tuld, Margin Call