These beaten-down stocks could bounce back in January, if history is any guide
Market Watch reports that tax-loss selling is expected to artificially depress 20 beaten-down stocks in the fourth quarter, and based on historical patterns these stocks could bounce back in January. The article does not specifically name LENZ Therapeutics among those 20 stocks.
Why it matters — A LENZ watcher would care because if the company is among the stocks affected by year-end tax-loss selling, it could see a seasonal rebound in the new year without any change in fundamentals.