Yes, I looked back at the 2017 full year and they mentioned a slow down in US revenues in H2 last year due to tax & infrastructure uncertainty. I'll have to scratch my head about that one, running a business the scenario is either no change, or reduced tax. Doesn't seem worth delaying your business decisions over, but I guess it flows through the whole economy like dominos if enough people do it.
To go from over 50% YOY growth to a 1% decline in 6 months due to a possible tax reduction is a phenomental turnaround.
CTD Price at posting:
$24.31 Sentiment: Hold Disclosure: Held
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