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Stock impact report

Montrose Environmental Group (NYSE:MEG shareholders incur further losses as stock declines 17% this week, taking three-year losses to 59% [Yahoo! Finance]

Montrose Environmental Group, Inc. (MEG) 
Company Research Source: Yahoo! Finance
But the last three years have been particularly tough on longer term Montrose Environmental Group, Inc. NYSE:MEG ) shareholders. Sadly for them, the share price is down 59% in that time. Furthermore, it's down 22% in about a quarter. That's not much fun for holders. With the stock having lost 17% in the past week, it's worth taking a look at business performance and seeing if there's any red flags. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Because Montrose Environmental Group made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible Show less Read more
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