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  5. EQB: Down over 10% on 6 times average volume. [EQB Inc.]
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Q: Down over 10% on 6 times average volume. Quarterly report was good. Any idea what is going on here? Thank you
Asked by Richard on March 04, 2024
5i Research Answer:

We have quarterly comments posted. In addition to some profit taking, National Bank downgraded the stock. Loan losses were higher than expected, primarily in equipment finance. A spike in loan impairments also worried investors. 

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