Published on 22 Apr 2024 on Simply Wall St. via Yahoo Finance
Koninklijke Philips (AMS:PHIA) investors are sitting on a loss of 57% if they invested three years...
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term shareholders of Koninklijke Philips N.V. (AMS:PHIA) have had an unfortunate run in the last three years. Sadly for them, the share price is down 59% in that time. The falls have accelerated recently, with the share price down 11% in the last three months.
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.