Increased Volatility in Invesco QQQ Trust and Differences from the Dot-com Bubble
QQQ Invesco QQQ Trust Series 1
$690.38 +2.31%
View chart & analysis → - 1Invesco QQQ Trust recorded a 6.5% decline on November 5.
- 2Invesco QQQ Trust recovered almost all of its losses in just four sessions.
- 3The current P/E ratio of QQQ is 28, which differs from the 82 seen during the dot-com era.
So what's the key point?
The Invesco QQQ Trust stock price fell 6.5% and then recovered quickly. The metric used to see how expensive stock prices are relative to earnings is lower than it was during the dot-com era.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.