Published on 13 Mar 2023 on Simply Wall St. via Yahoo Finance
Every investor on earth makes bad calls sometimes. But you want to avoid the really big losses like the plague. So spare a thought for the long term shareholders of Charlotte's Web Holdings, Inc. (TSE:CWEB); the share price is down a whopping 90% in the last three years. That'd be enough to cause even the strongest minds some disquiet. And the ride hasn't got any smoother in recent times over the last year, with the price 65% lower in that time. Furthermore, it's down 47% in about a quarter. That's not much fun for holders. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway.
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
See our latest analysis for Charlotte's Web Holdings