Why Symbotic Plunged Nearly 30% in December

Key Points Symbotic entered December riding high following an impressive fiscal fourth quarter report in late November. Management took the opportunity, along with a large shareholder, to sell some stock at high prices in early December. Symbotic is executing well as a next-gen robotics automation platform, but its stock is no bargain. 10 stocks we like better than Symbotic › Shares of warehouse automation platform Symbotic (NASDAQ: SYM) fell 29% in December, according to data from S&P Global Ma ...