Published on 2 Apr 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Domo (NASDAQ:DOMO) are in the red if they invested three years ago
It's not possible to invest over long periods without making some bad investments. But you want to avoid the really big losses like the plague. So consider, for a moment, the misfortune of Domo, Inc. (NASDAQ:DOMO) investors who have held the stock for three years as it declined a whopping 85%. That would certainly shake our confidence in the decision to own the stock. And more recent buyers are having a tough time too, with a drop of 37% in the last year. More recently, the share price has dropped a further 23% in a month. Importantly, this could be a market reaction to the recently released financial results. 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.
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.
View our latest analysis for Domo