Why The Honest Company's Stock Swooned in December

Investors shouldn't rely entirely on outside recommendations for their stock buys, even if those doing the recommending are financial professionals. That said, when stock analysts change their views on a company, it can have an immediate and sometimes lasting effect on its shares.That goes a long way to explaining the more than 16% decline of The Honest Company's (HNST -0.90%) stock in December. The drop can also be attributed to a pullback in market sentiment, as the shares were on quite a run before that ...