InterDigital Inc (IDCC)

[The Count]

Year end tax selling

There tends to be a sell off in stocks that are down for the year. They are more likely to generate tax losses. IDCC is currently trading near the same level as the start of the year. It was up over 25 for a while this year, but I don't think there is a big inventory of stock to be sold for tax loss in IDCC. Tax selling at year end is more pronounced in stocks that have had a very bad year, such as KKD.