The market is down nearly 1%. But your stock is down 6%.
This is not the scenario that an IBD-style growth investor likes to see. But that’s exactly the experience of shareholders in Nautilus (NLS) on Monday. What should a holder do?
The first step, definitely, is to see if any material news hit the internet. Or if the exercise and gym equipment maker filed any key disclosures to regulators. Or if any industry peers also had a bad day, and there was real news.