5 Reddit YOLO Stocks That Are Losing Ground

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1. Regis Corporation (NYSE: RGS)

Number of Hedge Fund Holders: 8 

Percentage Loss in Past Five Days: 16%    

Regis Corporation (NYSE: RGS) is ranked first on our list of 10 Reddit YOLO stocks that are losing ground. The firm owns and operates hairstyle salons and is headquartered in Minnesota. 

In earnings results for the fourth fiscal quarter, posted on August 25, Regis Corporation (NYSE: RGS) reported earnings per share of -$0.74, missing market estimates by $0.63. The revenue over the period was $99 million, beating estimates by $6 million. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Royce & Associates is a leading shareholder in Regis Corporation (NYSE: RGS) with 1.8 million shares worth more than $17.6 million. 

You can also take a peek at 10 Companies that Benefit From Crypto Mining and 10 Best Nickel Stocks to Buy Now.

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