These beaten-down stocks could bounce back in January, if history is any guide
Market Watch reported that tax-loss selling is likely to leave 20 stocks artificially depressed in the fourth quarter, making them candidates to bounce back in January. The report suggests history points to a rebound for these beaten-down stocks in the new year.
Why it matters — For ADCT watchers, the report indicates that if ADC Therapeutics is among these stocks, its recent weakness may be driven by tax-loss selling and could reverse in January.