Published on 17 Nov 2022 on Simply Wall St. via Yahoo Finance
Cinedigm (NASDAQ:CIDM shareholders incur further losses as stock declines 13% this week, taking...
The art and science of stock market investing requires a tolerance for losing money on some of the shares you buy. But it's not unreasonable to try to avoid truly shocking capital losses. It must have been painful to be a Cinedigm Corp. (NASDAQ:CIDM) shareholder over the last year, since the stock price plummeted 70% in that time. That'd be enough to make even the strongest stomachs churn. Even if you look out three years, the returns are still disappointing, with the share price down40% in that time. The falls have accelerated recently, with the share price down 19% in the last three months. But this could be related to the weak market, which is down 8.4% in the same period.
If the past week is anything to go by, investor sentiment for Cinedigm isn't positive, so let's see if there's a mismatch between fundamentals and the share price.
View our latest analysis for Cinedigm