The price has fallen to $2.09 even after all the communication and clarification by PNC
I am wondering if there is actually some uncertainty about the future past FY19. The FY19 forecast has been confirmed and reconfirmed multiple times - and it will be a great result. However, there has been little insight given to the years past FY19. It is notable by its absence. Obviously I don't mean a financial forecast per se but rather some discussion or indication about future growth. If the company is positive about the years ahead then they are not really communicating that. I would have thought some positive sentiment about PNC's longer term future could have been included in some recent announcements.
Maybe that is what is missing to spark buyer interest.
PNC Price at posting:
$2.05 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)