Could be a couple of things of the below:
- Last two quarters the OPM has halved.
- Compared to peers it’s Gross Profit Margin is not so great.
- Lastly – this could be a red-herring for Q4 results not in line with expectations.
Also looks like hence forth companies with good fundamentals will do well, rest will be brought down to their previous levels before the mad rush started in mid-cap, small-cap…
Discl – not invested.
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