40% of all stocks have suffered a permanent 70 percent plus decline from their peak value
After a rough start to the new year, a lot of investors might be tempted to buy into “fallen angel” companies at or near all-time lows. They’re not hard to find. In the tech sector, GoPro (NASDAQ:GPRO) and Fitbit (NYSE:FIT), two profitable and recently public companies, have taken major hits. GoPro is down 90 percent … More 40% of all stocks have suffered a permanent 70 percent plus decline from their peak value