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Why Box, Luckin Coffee, And Orchard Therapeutics Slumped Today


Tuesday was a strong day on Wall Street, as investors reacted favorably to the idea that the so-called “Fed put” might finally be back in the market. Even as geopolitical and trade-related woes threatened to send the U.S. economy toward a possible recession, members of the Federal Reserve’s governing board indicated that they stood ready to provide accommodation in monetary policy if signs of a slowdown began to emerge. Major market benchmarks picked up 2% or more, but some stocks missed out on the rally. Box(NYSE:BOX)Luckin Coffee (NASDAQ:LK), and Orchard Therapeutics (NASDAQ:ORTX)were among the worst performers. Here’s why they did so poorly.

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