Q: I am down approximately 20% on MDA in what seems to be a week.Do i hold this name ?Its also fallen 15% from its very recent secondary US oversubscribed offering.
5i Research Answer:
We continue to like MDA. Markets are volatile right now and the Canadaarm news was a weight to shares but there are long-term tailwid behind the business and we think it continues to look good with a longer-term outlook.