Published on 11 Dec 2023 on Simply Wall St. via Yahoo Finance

Ooma (NYSE:OOMA investor three-year losses grow to 37% as the stock sheds US$38m this past 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 are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term Ooma, Inc. (NYSE:OOMA) shareholders, since the share price is down 37% in the last three years, falling well short of the market return of around 19%. The more recent news is of little comfort, with the share price down 30% in a year. The falls have accelerated recently, with the share price down 23% in the last three months. This could be related to the recent financial results - you can catch up on the most recent data by reading our company report.

With the stock having lost 13% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.

View our latest analysis for Ooma