Published on 9 Nov 2022 on Simply Wall St. via Yahoo Finance
Investors in Nuix (ASX:NXL) have unfortunately lost 79% over the last year
Even the best investor on earth makes unsuccessful investments. But it's not unreasonable to try to avoid truly shocking capital losses. It must have been painful to be a Nuix Limited (ASX:NXL) shareholder over the last year, since the stock price plummeted 79% in that time. A loss like this is a stark reminder that portfolio diversification is important. Nuix may have better days ahead, of course; we've only looked at a one year period. Furthermore, it's down 22% in about a quarter. That's not much fun for holders.
Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.
Check out our latest analysis for Nuix