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However, the Federal Reserve could raise interest rates as early as 2023, and recently indicated its willingness to reduce asset purchases before the end of the year. In addition, Investors’ concerns over the economic recovery due to the resurgence of COVID-19 cases and high inflation could pose a threat to many recently listed stocks.
Investor optimism over recently-listed stocks Robinhood Markets , Inc. (HOOD), SentinelOne, Inc. (S), Full Truck Alliance Co. Ltd. (YMM), and Traeger, Inc. (COOK) has helped them reach price levels that don’t justify their recent financial performance and growth prospects. So, these stocks are best avoided now.
