The stock market's attempt to make new highs was rejected this morning. Sometimes, this can lead to additional selling pressure. Certain stocks are more vulnerable in this environment. Find out why Kaleido Biosciences (NASDAQ:KLDO), Vislink Technologies (VISL) and Verb Technology Company (NASDAQ:VERB) should be avoided. The stock market's attempt to make new highs was rejected this morning. Failed breakouts can often lead to more selling with vulnerable stocks seeing even bigger breakdowns.
The POWR Ratings can help you identify stocks that are showing signs of technical and fundamental weakness. These characteristics make them more vulnerable during market selloffs. Here is a quick look at three stocks recently downgraded to Strong Sells in the POWR Ratings: Kaleido Biosciences (KLDO), Vislink Technologies (VISL), and Verb Technology Company (VERB).
Kaleido Biosciences (KLDO)