Published on 4 Aug 2022 on Simply Wall St. via Yahoo Finance
Shareholders in XL Fleet (NYSE:XL) are in the red if they invested a year ago
XL Fleet Corp. (NYSE:XL) shareholders should be happy to see the share price up 18% in the last month. But that isn't much consolation for the painful drop we've seen in the last year. Specifically, the stock price nose-dived 79% in that time. It's not uncommon to see a bounce after a drop like that. The bigger issue is whether the company can sustain the momentum in the long term.
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 XL Fleet