Should You Buy the Nasdaq's 3 Worst-Performing September Stocks in October?
The Nasdaq (NASDAQINDEX: ^IXIC) was the worst-performing major index for the month of September (down 5.2%). More specifically, the three worst-performing stocks on the Nasdaq for September were Pinduoduo (NASDAQ: PDD) (down 16.6% in September), DocuSign (NASDAQ: DOCU) (down 3.5%), and Splunk (NASDAQ: SPLK) (down 14.2%). All three are technology companies featuring products or services that can help life go on amid a global coronavirus pandemic and its related shutdowns.
Does this bad September performance suggest more trouble to come for these three companies, or is it time to buy in October?
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Source Fool.com
