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Investment Q&A

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Q: Good morning Peter,

By now you would have read the Company’s pre earnings release after market close yesterday. Based on guidance, would it be correct to say that this stock will likely get punished today and will be some time before it shakes off the defense issues to the tune of 1 year in the penalty box. Is this a case of the company not realizing what it was getting into when it bought L3H? And is it dead money for the next year or so?

Thx, K
Read Answer Asked by Kelly on May 22, 2024