Can someone explain to me the link between DSK and US interest rate fears?
I understand for tech stocks people want to get out as when interest rates go up, people are incentivised to put their money in bank savings accounts rather than in over-valued stocks (e.g. tech stocks)and also interest rates affect stock 'discount rate'.
But why is DSK dropping big %s off these fears (e.g. 5% drop today)?
Is DSK viewed by the instos as a riskier stock bet than some other categories of stocks?
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Why DSK dropping in SP on US rate fears?
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60.0¢ |
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Mkt cap ! $38.29M |
Open | High | Low | Value | Volume |
65.0¢ | 65.0¢ | 56.0¢ | $489.7K | 806.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11427 | 63.0¢ |
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Price($) | Vol. | No. |
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60.0¢ | 10000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 11427 | 0.630 |
1 | 20305 | 0.595 |
1 | 9771 | 0.580 |
3 | 9017 | 0.570 |
1 | 1000 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 10000 | 1 |
0.615 | 654 | 1 |
0.620 | 37044 | 3 |
0.625 | 2000 | 1 |
0.645 | 6900 | 1 |
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