Published on 2 May 2023 on Simply Wall St. via Yahoo Finance

Strong week for Verastem (NASDAQ:VSTM) shareholders doesn't alleviate pain of five-year loss

It's nice to see the Verastem, Inc. (NASDAQ:VSTM) share price up 15% in a week. But will that repair the damage for the weary investors who have owned this stock as it declined over half a decade? Probably not. In fact, the share price has tumbled down a mountain to land 89% lower after that period. While the recent increase might be a green shoot, we're certainly hesitant to rejoice. The important question is if the business itself justifies a higher share price in the long term. While a drop like that is definitely a body blow, money isn't as important as health and happiness.

While the stock has risen 15% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.

View our latest analysis for Verastem