This December 29, 2022 CNBC article highlights our prescient bearish calls on Robinhood (HOOD), Rivian (RIVN), and Sweetgreen (SG) as they IPO’d amid euphoric equity markets in 2021. All have outperformed the S&P 500 as shorts. Get our IPO research here.
Figure 1: Performance of Stocks Featured On CNBC Since Report Publish Date: Through 12/29/22
Company | Ticker | Outperformance as Short vs. S&P 500 |
Robinhood | HOOD | 66% |
Sweetgreen | SG | 66% |
Rivian | RIVN | 65% |
Sources: New Constructs, LLC and company filings
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This article was originally published on January 6, 2023.
Disclosure: David Trainer, Kyle Guske II, Matt Shuler and Italo Mendonca receive no compensation to write about any specific stock, sector, style, or theme.
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