FBU News: Fletcher Building (NZSE:FBU) shareholders have endured a 36% loss from investing in the stock three - 22nd Apr 2024, 6:02am

[annb0t]

For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term Fletcher Building Limited (NZSE:FBU) shareholders, since the share price is down 47% in the last three years, falling well short of the market decline of around 8.7%. Furthermore, it's down 19% in about a quarter. That's not much fun for holders.

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>>> Read more: Fletcher Building (NZSE:FBU) shareholders have endured a 36% loss from investing in the stock three years ago