Loss-Making Russell 2000 Stocks Drive Surprise Rally, Says Liz Ann Sonders - Digital Turbine (NASDAQ:APPS), AST SpaceMobile (NASDAQ:ASTS)
Liz Ann Sonders, the Chief Investment Strategist at Charles Schwab & Co. (NYSE:SCHW) highlighted certain unusual divergences in the small cap markets.Unprofitable Small-Caps Lead The RallyOn Thursday, in a post on X, Sonders broke down the composition of the Russell 2000 index and the performance of its constituents, highlighting that “57% of index is currently profitable,” while “41% of index is currently unprofitable,” and “2% of index doesn't currently have earnings data available.”She noted that the sto ...