Concentrix Stock: Dirt Cheap With Caveats (CNXC)

Core Viewpoint - Concentrix Corporation (CNXC) shares have experienced an approximately 80% decline from their all-time high in 2022, despite an increase in revenues, due to declining earnings over three consecutive years and high expenditures on AI and interest expenses [1]. Group 1: Company Performance - Concentrix Corporation has seen earnings decline for three consecutive years while revenues have increased [1]. - The significant drop in share price is attributed to high spending on artificial intelligence and increased interest expenses [1]. Group 2: Investment Context - The Busted IPO Forum focuses on small-cap stocks that have been public for 18 months to 6 years and are trading significantly below their offering price [1].