Q: Notwithstanding it's strong year overall, do you have any sense as to why it's been weak of late (since Mid Aug)? Anything specific to the company, and if not, the sector? Many thanks!
5i Research Answer:
We have some additional comments posted today on QSR; there really hasn't been any company-specific negative news. There have been a couple of broker moves, but positive (target price bumps). The stock is up 17% in a year, and with more rate fears in August many dividend stocks did take a hit. But we can't point to anything specific here.