With a contentious time in 2022 coming to a close, it may be helpful to look back and consider the most sold-off stocks last year. Similar to learning from prior mistakes, investors may be able to garner lessons from the worst-hit market ideas. Basically, these are companies that currently sit just a few steps away from total implosion. For this exercise, I’m not going to bother with framing a narrative to explain the fallout. Rather, based on data compiled by Barchart.com, the below securities
Nasdaq-listed retailer Missfresh , one of the new faces of Chinaʼs e-commerce sector, collapsed on Thursday with a dramatic announcement that it was dismissing most of its employees and leaving hundreds of suppliers unpaid. The meltdown of Missfresh, which has raised at least US$2 billion from big-name investors including Tencent Holdings and Tiger Global, is another cautionary tale for investing in China-focused internet services, as the world's No 2 economy quickly loses momentum with Beijing'