Why Wait for a Crash to Buy? These 3 Top Stocks Are Already Down More Than 25% [The Motley Fool]
Medallia, Inc. (MDLA)
Last medallia, inc. earnings: 3/12 04:06 pm
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Source: The Motley Fool
Stock market "crashes'' are quite common. Historical averages show that the 00(SNPINDEX:^GSPCBut why wait? Market declines don't hold to a strict schedule, and foregone gains while waiting could far exceed money lost in an eventual crash. Plus, there already was a deep downturn early in 0, at least in one corner of the stock universe. High-growth tech stocks fell hard starting in March, some losing more than half their value in the course of a couple months. Three that are still down by at least % areMedalliaNYSE:MDLASpotifyNYSE:SPOTAlteryxNYSE:AYXNew tools to "read the room" in a virtual worldNicholas Rossolillo(Medallia):Given the fast-evolving needs of businesses and the people they interact with on a daily basis, the digital experience software space should experience robust growth for some time. Medallia's platform was purpose-built as acloud-basedNevertheless, the stock took quite the tumble this past spring and is currently down over 0% from all-time highs. To be fair, Medallia
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