Avid Bioservices Inc (CDMO)

[investingdog]

CP, you can analyze the trading every single day and come up with a number of excuses for the stock price behavior. The fact is that last several days the average price during the first hour of trading was higher than closing price, or average price during the last trading hour. That pattern is most likely to continue - day traders know it and they pile on. Watch the close today - it will certainly be lower than the open price, maybe even in red.