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A Market Pullback Is on Its Way: Strategists

With a growth in some stocks, some might have been attracted to try investing on market. Director of personal finance for Morningstar Christine Benz, who had promised to speak out about stocks the next time she would sense threatening market situations, in her recent tweet said “it feels like that time is here”. She added a market pullback might impact some investors, especially those with a close retirement. Investment on stocks is a faltering thing to do. Chief Market Strategist JJ Kinahan, too, said the market conditions have been good and bad. He warned investors to be careful; yet, if you’ve been buying on the dips for a few years, you’re lucky. 2020 showed a noticeable contradiction between market conditions and world situation. After the outbreak, an economic decline hit the U.S., with a huge unemployment rate and many deaths. Within last year a large number of Americans increased stakes in different companies; the most popular include Apple, Microsoft, Tesla, Pfizer and Boeing. Samira H.
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By Samira Hassanzadeh on October 19, 2021

Quick Report on Major Companies' Stocks Progress

Stocks for Twilio, the American cloud services company, rose 12%. Increasing the third quarter revenue, the company took advantage of a jump in distant work and education. The American electric vehicle and clean energy company, Tesla, announced that its stocks fell over 3%. Delivery number, 139,000 vehicles, in the third quarter was partially more than 137,000 - the figure expected by analysts. Shares of three cruise producers in America including Norwegian Cruise Line, Carnival, and Royal Caribbean downturned due to the panic of the second wave of the pandemic. Royal Caribbean lost 2.7% whereas Carnival and Norwegian, each, lost 2.9% Stocks of Activision Blizzard, the American video game company, dropped over 2% following a halt to release the marketable game series of World of Warcraft. Janus Henderson Group (JHG) surged 15%. However, Invesco (IVZ) rose 6%. Stocks for the retail stores of Bed Bath & Beyond saw a further 10% rise on Thursday. The company’s gain in the second quarter suggests 80% increase in its online platform. Hyliion Holdings corporation’s shares dropped over 12% in its first day. Peloton, the sport equipment maker, was different; its stocks saw a rise of some 5%. The number of subscribers of the company exceeded 1 million in the second quarter. Samira H. 
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By Samira Hassanzadeh on October 19, 2021

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