These stocks are already in a correction and could fall further

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 72%
  • Publisher: 72%

Investment Strategy 뉴스

Stock Markets,China,Douyu International Holdings Ltd

A host of struggling stocks are predicted to see further losses in the future.

Investors trying to buy the recent market dip should be careful — there are a host of battered stocks that are showing signs of further downside rather than a bounce back. Rising geopolitical concerns and a streak of hot inflation data that's reversed the likelihood of easier Federal Reserve policy have started to dent investor sentiment. As a result, the market has begun the second quarter of 2024 on a pessimistic note after a roaring start to the year.

The Bank of Hawaii is one such unloved and struggling stock. Shares have lost nearly a quarter of their value from a 52-week high in December 2023. According to analysts surveyed by FactSet, the regional bank stands to lose another 5.9%. Although regional banks have suffered since the Fed started raising rates in 2022 and from the failure of Silicon Valley Bank in March 2023, Bank of Hawaii is a notable underperformer even among its peers. The stock has slumped 21.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Nvidia stock dips after company unveils latest AI chipsNvidia shares dipped 3% on Tuesday morning after the company unveiled its new generation of artificial intelligence chips, called Blackwell.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Buy this 'stealth' home improvement stock as housing market improves, Loop Capital saysThe underperforming retail chain carries a buy rating from the investment firm.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Nvidia stock dips after company unveils latest AI chipsNvidia shares dipped 3% on Tuesday morning after the company unveiled its new generation of artificial intelligence chips, called Blackwell.
출처: nbcsandiego - 🏆 524. / 51 더 많은 것을 읽으십시오 »