Investing in Fallen Market Darlings
Audinate, a leader in audio networking technology, has seen its stock collapse by 70% in 18 months, with $1.4bn in capital destroyed.
Despite this, the company's balance sheet is ready to fuel growth, and its product ecosystem is more entrenched than ever.
Nothing lasts forever—not euphoria, not despair.
Audinate's flagship platform, Dante, enables high-quality audio and video channels to travel via standard Ethernet cables with ultra-low latency, replacing traditional analogue cabling with digital transmission.
The company is now trading at its cheapest multiple since IPO, making it a high-conviction buy.
Autor's resume: Investing in fallen darlings requires flexible thinking.