
As growth stocks continue to implode, comparisons are being made to the dot-com bubble in which numerous internet stocks collapsed following exponential price appreciation leading into the turn of the century. One trader has even gone as far as saying this time feels worse.
"Some of this carnage feels almost worse than it did in 2001 and 2002," Dennis Dick, proprietary trader at Bright Trading and "PreMarket Prep" co-host, said Wednesday on Benzinga's "PreMarket Prep."