Q: This is the fourth straight day this stock is dropping, I thought the quarterly report was quite good, they raised the dividend and they're buying back stock. So why is it dropping, especially in a pretty strong market? Are there any bad omens on the horizon?
5i Research Answer:
A stock can decline for dozens of reasons, but with no news any speculation on reasons is only a guess and cannot be proven. There is no material new news here. The stock is up 29% in the past year. We know of no bad omens and remain comfortable.