The Russell 1,000 is down more than 3% from its June 2 high, and several of the index's biggest losers have fallen more than 20%. Ciena is highlighted as the worst performer, tumbling almost 30% in a week after a 168% run-up earlier this year. The piece points to a sharp reversal in momentum and risk appetite rather than a company-specific catalyst.
The Russell 1,000 is down more than 3% from its June 2 high, and several of the index's biggest losers have fallen more than 20%. Ciena is highlighted as the worst performer, tumbling almost 30% in a week after a 168% run-up earlier this year. The piece points to a sharp reversal in momentum and risk appetite rather than a company-specific catalyst.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
Ticker Sentiment
