The Nasdaq Is Plunging: 3 No-Brainer Hypergrowth Stocks to Buy Right Now to Take Advantage of This Sell-Off
Volatility is back in full force on Wall Street. While there's always some degree of Volatility inherent in the stock market, the CBOE Volatility Index, which measures expected volatility in options contracts for the benchmark S 500, jumped to its highest level since the COVID-19 crash in the first quarter of 2020.
Although all three major stock indexes have taken it on the chin in recent days, the growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) has been hit the hardest. While Monday's 3.43% decline doesn't come close to registering among the 20 largest percentage drops of all-time, the 576-point sell-off was the eighth-largest nominal-point drop in the Nasdaq's storied history.
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Source Fool.com