Try not to pay too much attention to price volatility in all stocks during Covid -19 there are so many factors to consider it will boggle your mind. The best thing to do is watch how the business model adapts to the new economy in a post-Coronavirus World.
Shares of all stocks are on a rollercoaster ride from Amazon to IBM because no one can judge what earnings or revenue will be for any stock – any analyst who says he knows where the stock will be 6 months from now – is lying.
Yesterday CanaFarma Hemp Products Corp. (CNFA) was down 71% after a low volume sell-off, and today shares bounced +245%. Do not be alarmed by this as the company has only been trading for a week during the most volatile stock environment in 100 years.