I'm not so sure. Probably more like the hangover from the recent short attack, at a time when many investors are reconsidering their late-cycle exposure to very high PE stocks. This needs no news.
There are also a few other research notes out there questioning the long term growth thesis. I've previously taken good profits on WTC, and am looking to increase weight again because I am still a believer - there is so much cost to be taken out of global supply chains, opportunity to automate and use data analytics. PE is still 135, so it has further to fall before I increase weight. I'll look at the next results and outlook carefully.
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Last
$94.10 |
Change
-0.040(0.04%) |
Mkt cap ! $31.37B |
Open | High | Low | Value | Volume |
$94.87 | $94.87 | $93.17 | $58.31M | 620.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11 | $93.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$94.11 | 649 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11 | 93.770 |
1 | 11 | 93.750 |
1 | 12 | 93.740 |
1 | 11 | 93.720 |
1 | 1 | 93.640 |
Price($) | Vol. | No. |
---|---|---|
94.130 | 63 | 1 |
94.170 | 2012 | 1 |
94.280 | 2012 | 1 |
94.370 | 300 | 1 |
94.380 | 2012 | 1 |
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