MQG 0.34% $234.68 macquarie group limited

poor performer

  1. elc
    938 Posts.


    Why has this stock performed so poorly over the last week?

    I note that results are out on Friday and this stock has a history of people getting it wrong, i.e. it rallies after the results comes out.

    Also, dividend is due in December and is likely to remain at 86 cents, so poor performance is a mystery to me.

    Take out the dividend and we would be just above $22!!

    Seems way too low to me. Any thoughts, besides inter bank lending rates and Europe?

    Thanks
 
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