I spent ages discussing this with a friend: satellite navigation startup Xona has raised $250 million at a valuation of $2.45 billion.
When good news breaks, the biggest risk is chasing it when sentiment is at its hottest. Waiting for a pullback gives you more room to breathe.
I’ve learned the hard way from chasing news, so these days I take a moment to stay calm when something like this comes up.
$GPS , up 2.55% intraday.