AI
Saturday, July 13, 2024 5:12:29 PM
As I reflect on this more, I'm thinking perhaps it has to do with the very high degree of institutional ownership. (See attached.) Apparently people like us, retail shareholders, hold only a tiny minority (0.8%) of outstanding shares. I'm guessing institutions take time to make investment decisions, do not act quickly or try to time the market. But that's just a guess.
Good luck to you.
-- OJ
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