Q: Any reasonfor the 9.19% drop today after record H of $246.60 on Monday.AddHold or Sell. Txs for u usual great views & services
5i Research Answer:
HPS.A fell after Section 232 tariffs were revised. But so far HPS has been able to offset these with higher prices. We would also note the stock is up 173% in the past year and some profit taking on such news is always possible. We would view it more as a BUY today.