Q: Hi 5i,
What would be the reason for POW downturn in the last few days? Thanks.
What would be the reason for POW downturn in the last few days? Thanks.
5i Research Answer:
POW is down 9% YTD but up 48% in a year. We see no recent negative company news but the stock has seen a techincal reversal this week. Markets of course have not been fun this week but we have no concrete explanation here.