Why Does This Stock Perform So Badly?If you go to Yahoo/finance, this LDSYF (US stock symbol) and click on 1 yr, the price of this stock was $2.31.
Here we are, 12 months later, drawing close to a sports prototype, designed by one of the best product designers in the world (FitBit designer), great news articles, and the stock is at $.95 today. This stock has dropped 59% from 12 months ago.
Why is market potential, good news and nearing product prototype, not reflected in the stock price? Nano One Materials (NNOMF), another Canadian microcap that has no revenue, and has not had any business yet, has gone up 250% in the last 12 months.
This stock has been grossly underperforming. Why???.