Disruptor Stocks Are Dead

Investors are in a pickle.

Say you loaded up on tech “disruptor” stocks in 2020 and early 2021. Stocks like Peloton (PTON), which was supposed to disrupt the way we exercise. Or cloud computing disruptor Snowflake (SNOW). Or ecommerce disruptor Poshmark (POSH).

For a while there, things were going great. From January 2020 to its peak, Peloton soared 463%.

Then it all came crashing down. In the past six months, the tech-heavy Nasdaq 100 has sunk 26%. And many tech disruptors have fared much worse.

Peloton has sunk 75%.

Snowflake has sunk 65%.

And Poshmark has sunk 54%.