Shares could drop 10% if Democrats win Georgia Senate second round: Oppenheimer



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(R to L) US Senator David Purdue (R-GA) and Senator Kelly Loeffler (R-GA) wave to the crowd of supporters at a “Defend the Majority” rally with Senator Tom Cotton (R-AR) at the Georgia National Fairgrounds and Agriculture Center on November 19, 2020 in Perry, Georgia.

Jessica McGowan | Getty Images

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Investors have a lot at stake in Tuesday’s Senate second round in Georgia, according to Oppenheimer.

The Wall Street firm said if Democrats win both seats, the stock market could experience a correction from current record highs as Democrats take control of the Senate, in addition to the House and the White House .

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