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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1077

Thursday, 04/25/2024 11:07:26 AM

Thursday, April 25, 2024 11:07:26 AM

Post# of 1080

CAT guided to lower 2Q24 sales compared to 2Q23 (see slide #17), and this is apparently what caused today’s rather sharp selloff.

Additionally, CAT shares had had a big runup this year and the stock was recently trading near its all-time high.

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

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