Netflix, Peloton join the shuddering halt for pandemic-era stocks
US investors are moving on from so-called stay-at-home stocks that rocketed after the outbreak of Covid as the Omicron variant appears to be easing
23 January 2022 - 07:44
The pandemic isn’t over yet, but the boom it helped create for stay-at-home stocks appears to be vanishing.
Netflix and Peloton Interactive, two of the highest-profile stars of the lockdown era, both plunged this week — the latest sign that investors are moving on from the so-called pandemic trade...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.