Published on 5 Aug 2022 on Simply Wall St. via Yahoo Finance
This month, we saw the Waitr Holdings Inc. (NASDAQ:WTRH) up an impressive 180%. But the last three years have seen a terrible decline. To wit, the share price sky-dived 89% in that time. So it's about time shareholders saw some gains. But the more important question is whether the underlying business can justify a higher price still. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.
While the last three years has been tough for Waitr Holdings shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.
View our latest analysis for Waitr Holdings