PEAD- Post Earnings Announcement Drift
It is a well documented phenomenon. The effect of an earnings announcement can last for months. The market can take time to fully price in earnings information. Not all announcements are equal.
The commodity cycle is the other important one here. Quality will come out the other side well.
The Lassonde Curve if you are wondering about LTR and CXO etc.
Time to walk the dog. I might just whistle as I walk.
IMHO DYOR
Ann: December 2023 Quarterly Activities Presentation, page-13
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.513B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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