Given that Coty was down by 67 percent for 2018, why did some investors hold the stock?

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Given that Coty was down by 67 percent for 2018, why did some investors hold the stock? Why didn’t they sell out before the price declined so sharply?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Nov 13, 2020 04:44 AM

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Given that Coty was down by 67 percent for 2018, why did some investors hold the stock?

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Corporate Finance Core Principles And Applications

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