Published on 19 Dec 2023 on Simply Wall St. via Yahoo Finance
Eneti (NYSE:NETI) investors are sitting on a loss of 76% if they invested five years ago
Long term investing works well, but it doesn't always work for each individual stock. We really hate to see fellow investors lose their hard-earned money. Spare a thought for those who held Eneti Inc. (NYSE:NETI) for five whole years - as the share price tanked 79%. In contrast, the stock price has popped 10.0% in the last thirty days. But this could be related to good market conditions, with stocks up around 5.8% during the period.
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.
View our latest analysis for Eneti