I don't think I'll ever "understand" market reactions.
WTC also released results and they are up 9% while CTD is down 20% Both had, IMO, pretty decent half year reports.
Let's compare. WTC revenue and profit are a bit less than double CTD. Yet the market cap of WTC is over $26B compared to CTD of under $3B
I acknowledge they are very different businesses, but there's no logic in the vastly different values and reactions of these companies given their comparative underlying fundamentals.
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Last
$12.93 |
Change
0.000(0.00%) |
Mkt cap ! $1.891B |
Open | High | Low | Value | Volume |
$13.09 | $13.19 | $12.86 | $4.008M | 309.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | $12.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.95 | 3397 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 437 | 12.900 |
2 | 577 | 12.850 |
1 | 500 | 12.840 |
7 | 1662 | 12.800 |
1 | 900 | 12.780 |
Price($) | Vol. | No. |
---|---|---|
12.980 | 1500 | 1 |
13.000 | 1000 | 1 |
13.010 | 1500 | 1 |
13.020 | 1500 | 1 |
13.050 | 1000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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