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If You Own These 3 Growth Stocks, You Might Want To Rethink Your Position

TheMotleyFool

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If You Own These 3 Growth Stocks, You Might Want To Rethink Your Position: https://g.foolcdn.com/editorial/images/688289/gettyimages-1299866595.jpg

Many investors dumped their growth stocks this year as rising interest rates sparked a grueling rotation toward more conservative investments. That sell-off was particularly brutal for speculative and unprofitable companies.

Over the past month, I highlighted a few growth stocks that still looked like worthy turnaround plays in this challenging market. However, those investments were all broken stocks instead of broken companies.

Today, I'll turn my attention toward three former growth stocks that are arguably broken companies instead -- ContextLogic (NASDAQ: WISH), more commonly known as Wish, Grab (NASDAQ: GRAB), and Matterport (NASDAQ: MTTR) -- and explain why they're all worth selling.

Source Fool.com

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