Not necessarily. One only loses money when they realize a loss by actually selling shares at a price less than what they paid for the shares.
So even though the current price may be a lot less than what they paid for them, if they haven't sold those shares yet they haven't lost a dime.
If they're still holding there's still a chance of selling at a profit in the future. "Realized" gains and losses are all that matters. "Unrealized" gains and losses have no effect on one's bank account.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.