Published on 18 May 2022 on Simply Wall St. via Yahoo Finance
It's not a secret that every investor will make bad investments, from time to time. But it should be a priority to avoid stomach churning catastrophes, wherever possible. It must have been painful to be a Nerdy, Inc. (NYSE:NRDY) shareholder over the last year, since the stock price plummeted 81% in that time. A loss like this is a stark reminder that portfolio diversification is important. We wouldn't rush to judgement on Nerdy because we don't have a long term history to look at. The falls have accelerated recently, with the share price down 59% in the last three months. 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. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.
Since Nerdy has shed US$55m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics.
See our latest analysis for Nerdy