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3 Stocks to Avoid This Week

·4 min read
3 Stocks to Avoid This Week
In this article:
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Over the past few months, inflation, rising interest rates, and geopolitical threats pummeled a wide range of individual stocks. Today, I'll examine three broken companies -- ContextLogic (NASDAQ: WISH), Peloton Interactive (NASDAQ: PTON), and Just Eat Takeaway (NASDAQ: GRUB) -- and explain why they should be avoided. ContextLogic, the parent company of the e-commerce platform Wish, currently trades 90% below its IPO price of $24 per share.