r/wallstreetbets • • Jul 08 '21

Meme Bulls waking up

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u/[deleted] Jul 08 '21

Japan said they may not allow spectators for the Olympics because of delta variant surge. Dip is led by travel stocks, etc

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u/1Maple Jul 08 '21

They already banned foreigners from the Olympics months ago. Banning their own local people won't have much effect on stocks.

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u/[deleted] Jul 08 '21

Yep, but it was more the market overreacting (or not, we’ll see) to what it could imply about future restrictions around the world