“The Godzilla of $$$” — La-Z-Boy’s upholstery. The RealReal’s surprise. Why tech stocks dropped.

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.6 • 9.8K Ratings

🗓️ 24 February 2021

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

We noticed 2 numbers in La-Z-Boy’s earnings that may signal the end of House Hype. The RealReal’s online fancy consignment may actually prefer selling clothes offline. And both our stock portfolios dropped, so we’re breaking down “The Big Shift” that caused it.$LZB $REAL $HDGot a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick.
0:02.0	This is Jack.
0:03.0	And this is Snacks Daily.
0:04.0	It is Wednesday February 24th.
0:06.0	It is Go time TBOI time.
0:09.0	Jack, I got to ask you one question before we start.
0:11.0	Is it harder to put together a bassinet or to spell bassinet?
0:16.0	Nick, we are one month and last night I was ordering up on Amazon electric candles for the
0:22.0	birthing room.
0:23.0	Come on!
0:24.0	It's a trick question.
0:25.0	It's equally as hard to spell and to build.
0:26.0	Jack, first story, what do we got?
0:28.0	Nick Boy is the best name in furniture since 1927.
0:31.0	It's stocks doubled since March, but it could be the end of our house.
0:34.0	For our second story, luxury second hand, not an oxymoron, thanks to the real real.
0:40.0	The stock dropped 13% yesterday, despite some gorgeous showrooms.
0:44.0	We got more on that.
0:45.0	Our third and final story hits close to home.
0:47.0	Nick's and my stock portfolio has fallen in the past week.
0:50.0	Maybe your stocks have fallen too.
0:52.0	Full disclosure, we're looking at the three reasons why NASDAQ's tech stocks are down almost
	...

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