Joel Elconin – The earnings picture so far and are social media stocks crashing?
Joel Elconin, Co-Host of the Benzinga PreMarket Prep-Show and Editor of the PreMarket Prep website joins us to recap earnings season so far and address the big declines in social media stocks.
On the earnings front, outside of the strong bank earnings the rest of the earnings picture so far has been mixed. Which is similar to the mixed market action recently.
When it comes to the social media stocks we have already seen some significant declines in the biggest of names over the past 2 months. Is this the start of a much larger crash in these stocks?