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Marcus Lemonis' stocks hit near-all-time lows
Stocks associated with TV host Marcus Lemonis, including Camping World and Neighborhood Intelligence, are experiencing one of their worst years on record, with Neighborhood Intelligence shares hitting an all-time low yesterday. Camping World fell 53% year-to-date, while Neighborhood Intelligence dropped 66% year-to-date. Neighborhood Intelligence's net loss doubled to $39.5 million in Q2, and its CFO quit on Monday after two merger deals collapsed in September and this Monday. Camping World also reported a 16.4% drop in new vehicle unit sales and cut its full-year EBITDA forecast by 17%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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