Q: Why would bam be down from 86 to 72 ???
5i Research Answer:
BAM, like other stocks, had a rough November, but its Q3 earnings were fine, and its outlook remains good. There have no been any major negative developments, but the company continues to be active in deals, including one announced today, which has resulted in a small decline in the stock. It is a bit sensitive to interest rates, and there is still debate as to whether the FED will lower rates this week.