Q: I believe reports tomorrow. It's down over $9 at 1pm Wednesday. Any news to explain this? Does someone know something that will be public tomorrow? I note volume isn't huge but it's still a big drop. Thoughts?
5i Research Answer:
There is no news and has been none since a National Bank target price hike July 21. The stock remains up 13% this year and there are always nervous holdings before earnings. We have no reason to expect weak results other than the usual concerns.