The 24% annualized share price drop shows the danger in putt...

Moomoo AI Nov 16, 2023 17:59

The 24% annualized share price drop shows the danger in putting money into unprofitable firms. Investors have suffered a 9% per annum loss over the last half decade which necessitates clear signs of company growth for faith in price stability.

Even After Rising 16% This Past Week, Rendong Holdings (SZSE:002647) Shareholders Are Still Down 90% Over the Past Three Years

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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