Wealthfront’s Stock Is Down Nearly 40% From Its December IPO. Should Investors Jump In?

Core Viewpoint - Wealthfront's stock has decreased by 42% since its IPO at $14 per share in December, raising questions about potential investment opportunities as the stock may recover over time [1] Company Performance - The primary revenue source for Wealthfront has been its high-yield cash savings accounts, indicating the company's sensitivity to interest rate fluctuations [1] - A successful recovery in stock price will depend on Wealthfront's ability to diversify its revenue streams beyond cash management, which has been its main profit driver [1]