‘Bubble’ stocks like Beyond Meat and Peloton were supposed to blow up, but the opposite happened
Peloton machine
Source: Peloton
Many on Wall Street were convinced the usual playbook would occur when this market and economic downturn hit. Bubble-like tech stocks that led the way up would get crushed as a bear market exposed their hype and sent stock speculators scrambling.
But the opposite has happened.
The names skeptics used to point their fingers at are actually among the…