2 replies to "Zombie Stock #18 – Calling for a Lifeline"
Ignacio Gomendio
October 4, 2022
Hi, I am a bit confused about the updating of this list. From mid August till now you have removed 7 companies!, SG, LPSN, MDB, BMBL, W, BIRD, NET…how come in just 1Q and going into recession 7 companies have improved fundamentals enough to get out of the list??. The list is of no use with such turnover!
Matt Shuler
October 11, 2022
Ignacio, sorry for the confusion. SG, LPSN, MDZB, BMBL, W, BIRD, and NET were all potential candidates, but were never added to the Zombie Stock List. We published a report each time we added a stock to the list. All the stocks that have made the list are included Figure 9. Only Freshpet (FRPT) has been removed because of recent activist activity. Thanks for the question!
2 replies to "Zombie Stock #18 – Calling for a Lifeline"
Hi, I am a bit confused about the updating of this list. From mid August till now you have removed 7 companies!, SG, LPSN, MDB, BMBL, W, BIRD, NET…how come in just 1Q and going into recession 7 companies have improved fundamentals enough to get out of the list??. The list is of no use with such turnover!
Ignacio, sorry for the confusion. SG, LPSN, MDZB, BMBL, W, BIRD, and NET were all potential candidates, but were never added to the Zombie Stock List. We published a report each time we added a stock to the list. All the stocks that have made the list are included Figure 9. Only Freshpet (FRPT) has been removed because of recent activist activity. Thanks for the question!