Understanding the Reopening Rally, and Three High-Fliers About to Fall Back to Earth


Manage episode 279214093 series 1772318
By CNBC. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Airlines, cruise lines, casino stocks all rocketing higher today even as COVID hospitalizations and deaths hit record numbers. We explain the confusing action in the market. Plus with the S&P marking another record close, we ask NYU’s Dean of Valuation what soaring stocks could be due for a pullback.

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