Why These 2 Stocks Got Crushed in a Booming Market

·3-min read
Why These 2 Stocks Got Crushed in a Booming Market

All it has taken is a couple of days to return the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) to within 1% to 3% of their all-time record highs. In particular, shareholders in AeroVironment (NASDAQ: AVAV) and HealthEquity (NASDAQ: HQY) got nasty surprises that led to double-digit percentage declines. Shares of AeroVironment lost almost 28% on Tuesday.

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