Fall from grace

ALL stocks have good days and bad days. But not many experience glorious runs – lasting months and sometimes years – as favourites among analysts and investors before they abruptly exhaust their appeal. During the good times, the stocks attract “Buy” calls regularly and the analysts sing praises of their prospects. When the tide turns and the businesses struggle to meet the investors’ expectations, the fall from grace defies market and industry trends.

Here is a look at some companies that have enjoyed the ups in the stock market before enduring the downs: