Published on 20 Nov 2023 on Simply Wall St. via Yahoo Finance
Those who invested in Teekay (NYSE:TK) three years ago are up 185%
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But when you pick a company that is really flourishing, you can make more than 100%. To wit, the Teekay Corporation (NYSE:TK) share price has flown 185% in the last three years. How nice for those who held the stock! The last week saw the share price soften some 1.4%.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
Check out our latest analysis for Teekay