Q: Hi 5i
How were VHI earnings? Shares down big today? Do you have insight as to whats going on. Would you be sellers or holders
Thx
How were VHI earnings? Shares down big today? Do you have insight as to whats going on. Would you be sellers or holders
Thx
5i Research Answer:
VHI shares are down on investor concern that it delayed its earnings release to March 18. On average, 'late' news does tend to trend to be not positive news. But there is no guarantee and the delay could be for benign reasons as well such as the availability of an executive. So we would not simply assume anything here. We would HOLD.