Why was the Dow even getting close to its peak, on what basis? The two of the biggest states, New York and California, have been in lockdown for nearly 3 months.
The market sometimes has a disconnect with reality and the Dow is a reflection of that.
Webjet has also run up but on what basis. Borders are still closed. International travel isn’t happening for the next few months.
Long term it is a good stock with a good business model but it’s price shouldn’t be running up until some of the restrictions are relaxed further.
Profit taking and Overall dip around the world?, page-3
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Last
$6.93 |
Change
0.010(0.14%) |
Mkt cap ! $2.720B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $6.99 | $6.89 | $14.52M | 2.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3230 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.96 | 5385 | 2 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| WEB (ASX) Chart |