Published on 1 May 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Conduent (NASDAQ:CNDT) are in the red if they invested five years ago
Some stocks are best avoided. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with anyone who was caught holding Conduent Incorporated (NASDAQ:CNDT) during the five years that saw its share price drop a whopping 75%. Shareholders have had an even rougher run lately, with the share price down 13% in the last 90 days.
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.