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The pandemic promised a gold mine for companies like Zoom, Shopify, and Peloton. And at first, these companies did see a boost in their stock value. But the ground started to shift at the end of 2021 and now these stocks, which are often darlings of retail investors, are seeing substantial drops.
Report on Business reporter and columnist Tim Kiladze explains what has led to this investor whiplash and how a lot of trading on the stock market has become detached from the actual value of some companies.