To be fair, P/E ratios, financials and stock market regulation didn't prevent this:

$PTON (Peloton) is -77% in the past year

$ZM (Zoom) -67%

$CLOV -82%

$HOOD (Robinhood) -70%

$ROKU -71%

$TWLO (Twilio) -59%

$DOCU (Docusign) -52%

Bitcoin is -28% over the same time period. Ethereum +51%.