Published on 28 May 2023 on Simply Wall St. via Yahoo Finance
Shareholders in Dada Nexus (NASDAQ:DADA) have lost 24%, as stock drops 7.3% this past week
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. Unfortunately the Dada Nexus Limited (NASDAQ:DADA) share price slid 24% over twelve months. That's disappointing when you consider the market declined 1.0%. Because Dada Nexus hasn't been listed for many years, the market is still learning about how the business performs. It's down 41% in about a quarter. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
With the stock having lost 7.3% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
Check out our latest analysis for Dada Nexus