Time To Buy The Dip On Beaten-Down Aterian Stock
A year can be a very long time, especially for e-commerce firm Aterian (NASDAQ:ATER). ATER stock saw an early 180% in the quarter get wiped out and turn into a painful 81% loss by August.
The company disproportionately bore the brunt of historically severe shipping cost escalations and logistical challenges while battling weaker e-commerce demand as consumers abandoned online stores to visit re-opened physical retail shops as COVID-19 lockdowns eased.
As it appears, the worst is seemingly over for Aterian. This could be the best time to buy the dip on the beaten-down ATER stock.
The post Time to Buy the Dip on Beaten-Down Aterian Stock appeared first on InvestorPlace.
Category: Penny Stocks to Buy
