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DewDiligence

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DewDiligence

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Re: wiwineguy post# 764

Wednesday, 10/19/2022 9:52:55 AM

Wednesday, October 19, 2022 9:52:55 AM

Post# of 803
From my post earlier today:

The stock is trading down this morning because 3Q22 sales were hit by three factors: 1) The recall of infant formula produced at the Sturgis, MI plant; 2) declining COVID diagnostics ($1.7B in 3Q22 vs $2.3B in 2Q22); and 3) the strong US dollar.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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