Why This Celebrity Owned Stock FELL 30% Today

This consumer goods company was started back in 2011 and got a pretty decent revenue boost thanks to the pandemic, unfortunately as the need for PPE declines, so does this company's sales, which is reflected in its shocking dip in share price of over 30% today! What caused this stock to fall off so hard? Listen to Travis Hoium explain more!
In this video ► HNST Stock
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#ConsumerGoods #StockMarketNews #InvestingForBeginners

[@Adrian-cn5rk]

Short. Sweet. To the point

[@Cyclops0000]

Celebrity owned = avoid. Why? Because you don't really know how much of a hand they have in running the place and success is somewhat related to the celebrities fame/notoriety. If they become unpopular because they did something stupid sales tank alone with their reputation.

[@MoMo-00]

Thanks for this! I've been buying in the last few months. Jeremy from "Financial Education" has been talking a lot about it and been bullish on it. 🤷🏻‍♂️

[@InvestingEducation]

Why does he like it

[@bobbydee30g]

This is a great bounce trade but long term is a dud. These folks have gone over a decade without being able to turn a profit. Investor outlook should be long term like 5 years but come on any longer than that is a risk. Alot can happen.

[@macias1751marcos]

Show us your investments, let’s see if all your picks go only up. I doubt it.

[@frossato]

Owned by who???

[@michaelfriend3990]

Jessica Alba.

[@jazes8423]

Donald Trump

[@sp5638]

Jessica alba

[@glory5327]

Crypto currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment