Why I’d Still Avoid Naked Brand at These Lower Levels Is Naked Brands worth a speculative buy today? I say no. May 17, 2021, 4:37 pm EDT May 17, 2021
Naked Brand Group (NASDAQ:
NAKD) and NAKD stock are still up more than 197% year-to-date. Indeed, any stock that sees such capital appreciation in a relatively short amount of time is worth taking a look at.
Source: Shutterstock
However, when one considers how far this stock has fallen from its peak, the situation looks a bit less rosy. Indeed, NAKD stock is down nearly 60% from its spike in late January. That’s a pretty brutal blow for investors who bought at the top.
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