Analyst upgrades of Tesla (TSLA 904.54, +58.20, +6.9%), Netflix (NFLX 415.98, +31.62, +8.3%), Spotify (SPOT 190.26, +17.28, +10.0%), and Beyond Meat (BYND 63.32, +6.67, +11.8%) helped set the growth stock rebound tone.
Month-end rebalancing activity following the sharp losses and, dare we say it, a fear of missing out on further rebound gains have also catalyzed today’s gains.