15 Stocks That Took a Nosedive in January

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12. Fluence Energy, Inc. (NASDAQ:FLNC)

30-day Decline as of February 3, 2025: 25.0%

Fluence Energy, Inc. (NASDAQ:FLNC) provides energy storage solutions optimized for the common customer. The stock went from $17.35 on January 3, to $13.01 on February 3, a decline of 25%. While the stock registered a general downward trend during the month, FLNC’s share price fluctuated quite rapidly throughout.

On January 22, analyst firm, Jefferies, downgraded the stock from a buy to a hold rating, lowering the price target from $22 to $15. The analyst firm downgraded its rating because prices in the sector are declining rapidly, which may lead to lower margins for the firm. In addition to that, the analyst firm pointed to increasing competition from China offering similar products at a much lower price.

The analyst also added that the company’s strategy going forward is unclear, increasing uncertainty around the stock until later in 2025. The analyst expects to see positive results from the firm in the second half of 2025, which is a very stretched-out time for investors.

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