Q: Hi 5i,
With this week's pending earnings release, do think the boogeyman - SBC - will rear ist ugly head again? This stock always runs into earnings and drops dramatically. Thx
With this week's pending earnings release, do think the boogeyman - SBC - will rear ist ugly head again? This stock always runs into earnings and drops dramatically. Thx
5i Research Answer:
The stock has been a 'bit less volatile and not up much this year, so it may be somewhat less of an issue. But much depends on how much hiring the company has done as well. We think investors are now used to the situation (or they should be) and we might expect less dramatic reaction to earnings.