2 Stocks That Plummeted During President Trump's First 100 Days in Office, and Where They Could Be Headed
The stock market experienced quite a bit of volatility during President Donald Trump's first 100 days in office.
President Donald Trump's first 100 days in office occurred between Monday, Jan. 20, and Tuesday, April 29. During this period, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) dropped by 7% and 11%, respectively.
From competing artificial intelligence (AI) platforms out of China, geopolitical tensions in Europe and the Middle East, and (of course) tariffs, there have been many factors putting pressure on the capital markets this year.
Let's analyze two popular growth stocks that experienced outsized volatility during Trump's first 100 days in office. More importantly, we'll uncover why these stocks plummeted and assess where each could be headed going forward.
