Tom Lee of Fundstrat Calls DeepSeek Market Plunge Worst Overreaction Since 2020 Pandemic, Says Kevin Mahn

Tom Lee, a prominent market strategist at Fundstrat, has characterized the recent sharp decline in U.S. stock markets as the worst overreaction since the 2020 pandemic outbreak. This assessment follows a significant market plunge attributed to concerns surrounding the technology sector, particularly related to the company DeepSeek. Lee's comments have been echoed by various financial analysts, including Kevin Mahn, who also noted the exaggerated market response. The situation has raised discussions about market volatility and investor sentiment in the current economic climate.