4 ms·
That’s not a 9% drop in the stock price but in sales. Declining sales for two years in a row does not bode well for future revenue growth.
by dhosek 10mo ago
That’s not a 9% drop in the stock price but in sales. Declining sales for two years in a row does not bode well for future revenue growth.
- dhosek 10mo agoI’d note also that while the stock is up about 15 percent and a fraction over the last year, the S&P 500 is up 16 percent and a fraction over the same period. Given a company with declining sales, for two consecutive years it seems likely that the stock price is due for a big correction.