Consumers are facing financial stress due to high inflation and increasing borrowing costs caused by the Federal Reserve’s interest rate hikes. Moreover, the recent banking system turmoil has worsened the situation, reducing purchasing power and decreasing consumer spending.
RV company Lazydays Holdings, Inc. (LAZY) is facing an uphill battle in the current economic environment with deteriorating financials, bleak growth prospects, and low profitability. Hence, I think investors should steer clear of this stock, and in this article, I’ll explain why.
