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Market Caution Hits High-Valuation Stocks, Wynn Resorts, Funko, Caleres, E.W. Scripps, and Sonos Shares Fall
ByAinvest
Tuesday, Nov 4, 2025 2:29 pm ET1min read
Several stocks, including Wynn Resorts, Funko, Caleres, E.W. Scripps, and Sonos, fell in the morning session due to increased caution over high valuations following an AI-driven rally. Investors engaged in profit-taking, concerned about stretched valuations in high-growth technology companies. Market leaders at Goldman Sachs and Morgan Stanley warned of a potential correction in the equity markets over the next couple of years.
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