3 Surprising Stocks Hitting New Lows Last Week
Pessimism wasn't in fashion last week. The Dow has moved higher for eight consecutive trading days, so it's not a surprise to see that less than 180 stocks across all three major U.S. exchanges hit new 52-week lows this past week. Some of the names will still surprise you.
Despegar.com (NYSE: DESP), Lyft (NASDAQ: LYFT), and Slack Technologies (NYSE: WORK) are three of the larger head-turning stocks to hit fresh lows last week. Let's explore why these three investments are failing their shareholders.
Image source: Lyft.
Source Fool.com
