In my three stocks to avoid article last week, I predicted that Despegar.com (NYSE: DESP), Riot Blockchain (NASDAQ: RIOT), and Grayscale Digital Large Cap Fund (OTC: GDLC) would have a rough few days.
Those three stocks averaged a 15% decline for the week, with a pair of them checking in with double-digit percentage slides. The S&P 500 declined by 0.4% for the week, so I was right. Right now, I see Zuora (NYSE: ZUO), Riot Blockchain, and Grayscale Digital Large Cap Fund as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.
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Source Fool.com