Did These 2 Favorite Stocks Get Hit Unfairly?

·3 min read
Did These 2 Favorite Stocks Get Hit Unfairly?

The stock market's horrible 2022 continued on Friday, with major market benchmarks sinking even further. The Dow Jones Industrial Average (DJINDICES: ^DJI) is down a little more than 7% from its recent highs, while the S&P 500 (SNPINDEX: ^GSPC) has sunk almost 9% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) has taken a 15% hit from its record levels. Two stocks that saw particularly large downdrafts on Friday were investor favorites Shopify (NYSE: SHOP) and Coinbase Global (NASDAQ: COIN).

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