Published on 4 Aug 2023 on Simply Wall St. via Yahoo Finance
Chimera Investment (NYSE:CIM shareholders incur further losses as stock declines 11% this week,...
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Chimera Investment Corporation (NYSE:CIM), since the last five years saw the share price fall 69%. We also note that the stock has performed poorly over the last year, with the share price down 39%. The last week also saw the share price slip down another 11%. Importantly, this could be a market reaction to the recently released financial results. You can check out the latest numbers in our company report.
After losing 11% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
Check out our latest analysis for Chimera Investment