I believe I can provide some insight into that one.
There are investors who are of the opinion GLP1's are the death of CPAP, but I don't believe they are in the majority.
We have also witnessed an extraordinary amount of shorting. I can only speculate if they are current holders covering these positions until the next quarterly, Hedge funds, or Long/Short managers. You don't necessarily need a lot of sticky hands selling to get the share price move we have seen.
Take a look at Facebook and Netflix over the last 12 months for example.
I believe I can provide some insight into that one.There are...
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Last
$34.66 |
Change
-0.100(0.29%) |
Mkt cap ! $21.25B | |||
| Open | High | Low | Value | Volume |
| $34.65 | $34.82 | $34.53 | $45.12M | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $34.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.76 | 632 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMD (ASX) Chart |