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0 0 -0.000175669740887097 -0.000966183574879222 -0.00114185331576644 -0.00307422046552489 -0.00351339481774269 -0.00219587176108915
Stock impact report

Why Reddit (RDDT) Stock Is Nosediving [Yahoo! Finance]

Monster Beverage Corporation (MNST) 
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Company Research Source: Yahoo! Finance
11.9% in the afternoon session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%. This could be a bit of a letdown for the dovish camp, expecting some policy relief to help offset the growing market weakness amid the ongoing trade war, which some analysts considered to be bad for growth and corporate earnings. Separately, Redburn analysts initiated coverage on the stock with a Sell rating and a $75 price target. The target price implied a potential 30% downside from where shares traded before the bearish rating was revealed. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Reddit? Acces Show less Read more
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