Stocks Plummet: Investors Rotate, Data Floods
Update: 2025-11-14
Description
On November 14th, several major company stocks, including fuboTV, Funko, 1-800-FLOWERS, Tapestry, and Cable One, experienced significant drops in the afternoon trading session due to a broader U.S. stock market decline. This was driven by investor caution and a pullback in technology shares, often referred to as market rotation. The recent end of a long government shutdown also contributed to the cautious mood, as investors anticipate new economic data that could impact the Federal Reserves interest rate cuts. Despite 1-800-FLOWERS recent revenue shortfall and wider loss per share, the company announced plans for $50 million in gross savings over the next two years, presenting potential opportunities for long-term investors amidst market volatility.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
