Pluralsight Inc: Bearish Chart but Selling Is Excessive
It's that time again, when I scour through the stock market trash bin and search for stocks may have been erroneously dumped.
My search has yielded mid-cap Pluralsight Inc (NASDAQ:PS), which collapsed by more than 30% on August 1 after management provided a soft outlook.
PS stock gapped down from $30.69 on July 31 to close at $18.56 the following day, below which it's currently languishing. Note that the company launched its initial public offering in May 2018 at $20.00.
Trading about 50% below its high of $35.70, Pluralsight stock is worth a look for the aggressive trader seeking a.
Den vollständigen Artikel lesen ...
It's that time again, when I scour through the stock market trash bin and search for stocks may have been erroneously dumped.
My search has yielded mid-cap Pluralsight Inc (NASDAQ:PS), which collapsed by more than 30% on August 1 after management provided a soft outlook.
PS stock gapped down from $30.69 on July 31 to close at $18.56 the following day, below which it's currently languishing. Note that the company launched its initial public offering in May 2018 at $20.00.
Trading about 50% below its high of $35.70, Pluralsight stock is worth a look for the aggressive trader seeking a.
Den vollständigen Artikel lesen ...