Valeant Pharmaceuticals International, GoPro (NASDAQ:GPRO), and Fitbit (NYSE:FIT) are in totally different businesses.
Valeant develops, manufactures, and markets pharmaceuticals, and medical products.Fitbit makes connected health and fitness devices—activity trackers, wireless wearable technology devices that collect personal data such as the number of steps walked, steps climbed, and other lifestyle metrics. GoPro makes the HERO line of cameras that capture special moments.
But they have one thing in common on Wall Street: they all have fallen from grace and landed on last quarter’s worst performing stocks list.
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Source: Forbes – Entrepreneurs