Down 74% From Its High, Is Riskified Stock a Smart Buy Now?

Down 74% From Its High, Is Riskified Stock a Smart Buy Now?

Riskified (NYSE: RSKD) went public in July 2021 at $21 a share, and the stock price shot up to $40.48 in September. As a result, Riskified stock currently trades 74% below its all-time high. Of course, volatility should be expected in growth stocks, especially those of the unprofitable persuasion.