Momo-Massacre: Under Armour Dented, FitBit Flops, & FANTAsy Stocks FUBAR

By Tyler Durden at ZeroHedge

The momentous momentum stocks appear to have crashed into the reality of extreme valuations in a no-growth, carry-trade-unwind environment. It’s not pretty out there…

Chinks in the Under Armor…on MS downgrade and extreme volume…

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FitBit back below its IPO Price…

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And finally FANTAsy stocks are tumbling… (even NLKFX back red YTD)

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Source: Momo-Massacre: Under Armour Dented, FitBit Flops, & FANTAsy Stocks FUBAR – ZeroHedge