3 Growth Stocks Down More Than 50% From Their Highs
These stocks have been crashing this year, but at reduced valuations, they could make for intriguing contrarian buys.
Three growth stocks currently trading at more than 50% below their 52-week highs include Oracle, Intuit, and Coupang. Oracle's market concerns revolve around its rising debt, potential pressure from OpenAI, and the company's debt/equity plan to raise $40 billion in 2026. Oracle's shares have fallen 26% this year, approaching a $147 closing price from its 52-week peak of $345.72.
Intuit has suffered a 50% price decline since the beginning of 2026, attributed to AI fears and a 50% drop from its $719.10 high. The company maintains solid fundamentals, with a 10% revenue growth in Q3 2026, and trades at just 12 times its projected future earnings. Coupang, a South Korean e-commerce leader, has seen a 30% share price drop due to a data breach and resulting fines, bringing its price to around $16 from a $34 high.
Despite the valuation and PEG multiple, Coupang's long-term growth potential and recovery prospects may attract patient investors.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- 3 Growth Stocks Down More Than 50% From Their Highs finance.yahoo.com
