Published on 7 Apr 2024 on Simply Wall St. via Yahoo Finance
Investors bid GSI Technology (NASDAQ:GSIT) up US$38m despite increasing losses YoY, taking one-year...
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you pick the right business to buy shares in, you can make more than you can lose. For example, the GSI Technology, Inc. (NASDAQ:GSIT) share price has soared 168% return in just a single year. It's also good to see the share price up 104% over the last quarter. Unfortunately the longer term returns are not so good, with the stock falling 30% in the last three years.
The past week has proven to be lucrative for GSI Technology investors, so let's see if fundamentals drove the company's one-year performance.