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  5. ATD: H - all 4 down sharply post fed day. [Alimentation Couche-Tard Inc.]
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Q: H - all 4 down sharply post fed day. Only one with earnings was DOL but they did very well. Any explanation as to why severe drawdowns today?
Asked by Douglas on December 14, 2023
5i Research Answer:

DOL had two rating cuts by brokers yesterday but there is no news on the other three. To us this looks like sector-rotation with investors seeking more excitement in other rallying sectors, leaving less need for some 'safer' names.