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In the last 6 months Netflix is down 71%, Nvidia 23%, Facebook 36%, AMD 25%, Amazon 14%, General Motors 29%, Alphabet 20%, Volkswagen 32%, etc.

Are these all flagging companies as well?




Disingenuous.

Snap is nearly its IPO price. SNAP's last quarter revenue was down from 4 straight quarters of growth.

FB, NVDA, AMD, AMZN, GM, GOOGL, etc. are all up orders of magnitude from IPO.

It's a fair argument to say that the market is being corrected, and that SNAP is not on a trajectory similar to it's peers (FB, TWTR).


I take your point, but Netflix probably yes. Facebook, maybe. VW and GM, probably yes.




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