Their P/E ratio, after the drop, is near 30. You have to grow far above industry rates to justify that.
The drop may be caused partially by irrational behavior, but in poker we say that even the blind squirrel finds an acorn eventually. In this case, irrational behavior partially corrected opposing irrational behavior.
The drop may be caused partially by irrational behavior, but in poker we say that even the blind squirrel finds an acorn eventually. In this case, irrational behavior partially corrected opposing irrational behavior.