The following chart shows some of the most severely damaged stocks in the current market. Bear in mind that the Fed barely started raising rates or shrinking its balance sheet. The stocks listed below should never have traded as high as they did (and if you think they are going to recover, think again), and many stocks still trade at unjustifiably high…
Keep reading with a 7-day free trial
Subscribe to The Credit Strategist to keep reading this post and get 7 days of free access to the full post archives.