Live Ventures (LIVE) Shares Soar 14.20% After 29.70% Plunge

Live Ventures (LIVE) shares surged by 14.20% today, marking a significant rebound after hitting its lowest level since March 2025 with an intraday decline of 29.70%.

The strategy of buying stocks that have recently hit a low and holding them for a short period can be effective. Over the past five years, this strategy showed competitive returns, slightly underperforming the S&P 500. The strategy's maximum return was 207%, the minimum return was -40%, and the average return was 44.4%. This indicates that while the strategy has the potential for high returns, it also comes with significant volatility. The maximum drawdown was -74%, which is a concern for risk-averse investors.

Live Ventures recently faced a temporary trading halt due to disappointing financial results. The company reported a quarterly revenue decrease of $9.8 million, bringing the total to around $107 million. Notably, the retail flooring segment saw a revenue drop of $4.6 million, which likely influenced investor confidence and contributed to the stock's volatility.