Categories: Business

Nasdaq 100 has slumped over 13% since Cramer said bear market was over

[ad_1]

The Nasdaq 100
NDX,
-4.47%

has dropped 13.2% since CNBC commentator Jim Cramer made his “the bear market is over” call, according to the Inverse Cramer newsletter that tracks the Wall Street icon. Cramer’s comments, made in late March, were in particular directed at SPACs. Companies that de-SPACed – that is, merged with a target – have seen an average return of -43.9%, according to data from Tuttle Capital Management.

[ad_2]
Source link
Admin

Recent Posts

Super Slot Games Review

Super slots provide the pinnacle of casino gaming with their interactive bonus rounds, captivating graphics,…

4 months ago

The Evolution and Impact of  Nanomedicine

Introduction to Nanomedicine Nanomedicine, a subfield of nanotechnology, involves the application of nanoscale materials and…

4 months ago

Chumba Online Casino Review

Chumba Casino provides an extraordinary online gaming experience. Its sweepstakes model allows players to win…

5 months ago

How to Find the Best Online Casinos to Play For Free

Online casinos provide quick, simple, and highly convenient gambling experiences for their players. Offering a…

5 months ago

How to Achieve a Flawless Complexion with the Right Products

Achieving a flawless complexion is a common skincare goal. With the right face care products, you can enhance…

5 months ago

Creating Ideal Matches: The Mutual Selection of Clients and Businesses

Shared values and goals, transparency, understanding each other's needs, communication, and respecting boundaries are vital…

5 months ago