Amit Balan's avatar

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Hi all, new here. Anyone know whats the deal with health tech declines? All these have been taking a beating in the market:
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You know I have been thinking about this also. They all got crushed in 2021. Part of it is valuation related parity. For example, if $TDOC trades at 3x revenue the market will not allow $DOCS to trade at 15x even though business models are different. Some times the leaders in a sector bring down all of the smaller players.

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