PRISM Emerging Zombie

A zombie stock is a distressed security with excess debt that has enough revenue to operate and service its obligations but lacks the funds to pay off its liabilities. These are companies who can narrowly manage to meet overheads but do not have excess capital to invest in growth or development. Zombie stocks have the greater potential to go to $0 due to their surplus debt and lack of cash which makes the investment opportunity a high risk/high reward scenario.

The PRISM Zombie Index tracks a variety of stocks with varying market caps who fit the description of a Zombie stock as they navigate through the pressures of managing their obligations.

PRISM Emerging Zombie IndexInception Date of 1/2/2024 at $100.00% Change (Daily)Current Index Value% Change (Inception)
2%$90.10-9.9%
Index ComponentsTickerCurrent Price% Daily ChangeVolume (1,000s)Average Volume (1,000s)Market Cap (Millions)1/2/2024 Price% Change Since Inception 1/2/2024
Dayforce Inc.CDAY$69.520.101%2,6841,402$10,854$66.025.3%