Unfortunately, that's been the case for longer term Hays plc (LON:HAS) shareholders, since the share price is down 44% in the last three years, falling well short of the market decline of around 3.6%.

Dame Irene Hays said the Sunderland firm was seeing a surge in bookings, with people prepared to pay more for holidays ...

But if you try your hand at stock picking, you risk returning less than the market. Unfortunately, that's been the case for longer term Hays plc (LON:HAS) shareholders, since the share price is down ...