Q: Other than a crappy market, what happened to DTOL and why?
Sheldon
Sheldon
5i Research Answer:
DTOL missed earnings estimates last quarter, and now has 'missed' in three of the past eight quarters. A peer company also went bankrupt recently (though this could end up being good for the company, it does cause worry). It has about $100M cash but its small size, valuation (40X) and weak recent performance have concerned investors.