NEW YORK – September 13, 2026 (STL.News) — One of the most dangerous assumptions investors can make is that a falling stock is automatically a bad company. The opposite assumption can be equally dangerous. A stock that has fallen 30%, 50% or even 80% from a previous high is not necessarily cheap. Sometimes the decline is the market correctly recognizing that earnings, competitive advantages or an entire business model have permanently deteriorated. But occasionally something different happens. Wall Street becomes deeply pessimistic about a company whose underlying business remains profitable, cash-generative and financially viable. That distinction has become particularly
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