Published on 22 Feb 2022 on Simply Wall St. via Yahoo Finance
As every investor would know, you don't hit a homerun every time you swing. But serious investors should think long and hard about avoiding extreme losses. It must have been painful to be a XL Fleet Corp. (NYSE:XL) shareholder over the last year, since the stock price plummeted 90% in that time. That'd be enough to make even the strongest stomachs churn. XL Fleet may have better days ahead, of course; we've only looked at a one year period. The falls have accelerated recently, with the share price down 66% in the last three months. 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.
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.
Check out our latest analysis for XL Fleet