Published on 17 Sep 2023 on Simply Wall St. via Yahoo Finance
Cato (NYSE:CATO investor five-year losses grow to 49% as the stock sheds US$19m this past week
Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term The Cato Corporation (NYSE:CATO) shareholders for doubting their decision to hold, with the stock down 62% over a half decade. And the share price decline continued over the last week, dropping some 11%.
If the past week is anything to go by, investor sentiment for Cato isn't positive, so let's see if there's a mismatch between fundamentals and the share price.
Check out our latest analysis for Cato