XS Financial Inc Com (XS)

XS Financial Inc Com (XS)
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Kinaxis Inc. (KXS $168.66)
- $168.66 P/E (TTM): 141.19X Cap: $4.76B
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XS Financial Inc Com (XS)
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Q: I've noticed that KXS has lost over 20% in the last 10 days. and is down about 3% to day. This appears to be a much larger drop that most of the tech companies. I know it is still up 25% for the year but its come down from around being up 80% earlier this month. Is there an explanation for this what seems to me be an unusually large drop?
Thank you
Steve

Read Answer Asked by Steve on November 16, 2020