‘Dash for trash’ fuels big bounce for money-losing growth stocks - Economic Times

Asana Inc., an unprofitable software maker, was among this weeks winners. The San Francisco-based companys shares jumped 27%. Electric pickup-truck maker Lordstown Motors Corp. gained 30%, while RealReal Inc., which operates a luxury goods consignment marketp…

No earnings? No problem. That was the message from investors this week who stormed back into the shares of faster-growing companies with little in the way of profits after months of chasing value s… [+2657 chars]

full article...