3 Stocks Kicking Off 2020 on the Wrong Foot
Stocks are off to an encouraging start in 2020. The S&P 500 is up 1.1% in January, but not every investment is naturally moving higher. There are plenty of stocks that have retreated through the first seven trading days of the year, and that includes more than 200 U.S. exchange-listed companies that have surrendered at least 10% of their value.
Six Flags Entertainment (NYSE: SIX), Gogo (NASDAQ: GOGO), and AMC Entertainment (NYSE: AMC) are some of the stocks that have posted double-digit percentage slides in 2020. Let's see why these three stocks that were already roughed up heading into the new year continue to sputter.
The Six Flags Superman coaster. Image source: Six Flags Entertainment.
Source Fool.com