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0 0 -0.00422832980972526 0.00422832980972507 0.00845665961945032 0.0274841437632135 0.029598308668076 0.025369978858351
Stock impact report

Is ThredUp Inc. (TDUP) the Best Performing NASDAQ Stock So Far in 2025? [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
On March 29, T. Rowe Price portfolio manager Tony Wang appeared on CNBC's ‘Closing Bell Overtime' to discuss the current volatility in the tech sector, especially the NASDAQ. The NASDAQ underperformed throughout March and registered the largest decline since June 2022. But the question that now arises is whether this decline and volatility present a buying opportunity or not. Wang leans towards less caution and more confidence in this potential bull market. To support his sentiment, he cited that growth and momentum have both been high in recent years. Tech stocks in particular have seen substantial growth in the past 2 year. He thinks that valuations could further improve, given that the sector recent strong years came from AI infrastructure build out. Wang also acknowledged that companies are naturally questioning whether current spending levels in the sector are sustainable or not. But he reiterated that compute will retain its value, despite concerns about whether it has a cycl Show less Read more
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