Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Green Dot the Growth Stock for You?


Stocks in the financial sector have outperformed the S&P 500 -- and most other sectors -- in 2021, led by the resurgence of traditional banks. However, some of the fintechs that saw their stock prices skyrocket in 2020 have come back down to earth this year, including Green Dot (NYSE: GDOT), a fintech that provides prepaid debit cards as well as banking services.

The company's stock price soared 139% last year, but this year it's down about 17% at Friday's prices, while the average financial sector stock is up 19%. Should investors be concerned? Let's take a look.

Continue reading


Source Fool.com

Like: 0
Share

Comments