META +11%
Fire more of them Zuck!!!
Its going to be interesting to see who had exposure.FTX bankruptcy pulling the wind out of the market sails.
09:15 [FTX.IPO] Commences Chapter 11 bankruptcy proceedings in the United States; CEO Sam Bankman-Fried resigns - press - Source TradeTheNews.com
- Names John J Ray III as new CEO
- Some FTX subsidiaries not included in Chapter 11 proceedings: LedgerX LLC, FTX Digital Markets Ltd., FTX Australia Pty Ltd., and FTX Express Pay
My FIDU isn't tanking, must be isolated to specific equities.Industrials getting absolutely smoked this morning. Rotation of money out of industrials into tech?
GD -3.5%
HII -4.6%
LHX -6.5%
LMT -4%
NOC - 5%
RTX - 3.5%
Or is this a reaction to possible peace for Ukraine?
CAT/DE/FDX are all green so it looks focused on the MIC stocks. May be Ukraine related.My FIDU isn't tanking, must be isolated to specific equities.