Tom Gardner comments on Nasdaq-100 volatility and high valuations
1 report, 1 independent
Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Nasdaq-100 index fell nearly 5% during Friday trading, marking its third 10% correction this year. Tom Gardner, co-founder and CEO of TMF, commented on the volatility during a Quarterly Call. He stated that a 10% to 15% drop should not surprise investors given current high valuations.
From fool.com
Why it matters
The decline in the Nasdaq-100 reflects broader market volatility within growth-tech stocks. Tom Gardner suggests that market declines are a normal part of investing in highly valued stocks, advising investors to stay invested.
From fool.com
Who's involved
- TMFMedia channel where Tom Gardner provided commentary on the index
- Tom GardnerCo-founder and CEO of TMF who discussed market volatility
- NasdaqThe stock exchange hosting the Nasdaq-100 index
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.Keep exploring
The entities involved
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TMF
British music video and entertainment channel
Nothing else this week.
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Nasdaq
American fully electronic stock exchange
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Tom Gardner
American businessman
Nothing else this week.