Continue to Stay Away From Naked Brands Stock [Yahoo! Finance News]
Cenntro Electric Group Limited - Ordinary Shares (NAKD)
NASDAQ:AMEX Investor Relations:
ir.nakedbrands.com
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Source: Yahoo! Finance News
Penny stocks are almost always high-risk, high-reward investments. Some of them are worth buying because they have visible and realistic pathways to at least tripling.Source: Tinseltown / Shutterstock.com That's why I've recommended some penny stocks before, like struggling department store operator Stage Stores (NYSE:SSI), Chinese premium electric vehicle maker NIO (NYSE:NIO), and hydrogen fuel cell maker Plug Power (NASDAQ:PLUG); all three of those penny stocks are up several times from their 2019 lows.But most penny stocks aren't worth investors' time or money because they don't have visible or realistic pathways to escaping penny-stock status. One such penny stock is Naked Brands (NASDAQ:NAKD), a largely irrelevant, unprofitable, and indebted intimate apparel company. NAKD stock price has dropped from a split-adjusted price tag of over $80 a year ago to under $2 today.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNAKD stock will continue to persistently fall for th
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