Confused.com29 Sep 2020 12:52
Hi all, I'm new here. I've been following MCRO since their last financial update, of which the SP has plummeted. On paper, they're such a strong company & well under valued at £2.50. I can't for the life of me understand how each day is has no correlation to the last. Am I missing something here? I understand a £1bn impairment charge & the removal of dividend payments has taken its toll but a surely 42% fall in the last 3m is just ludacris. I'm beginning to lose faith in the company as there doesn't seem to be any rhyme or reason...! After the US stock performed so well yesterday, why is MCRO having such a bad day today?!