Feb. 20 at 7:57 AM
$CNF 's 52-week low is
$2.36 and high is
$11.80. At ~
$5.66, we’re well off the lows but still far from prior highs. That positioning is interesting — not distressed, not euphoric either.
It suggests the market already priced in some stabilization, but not a full recovery narrative. If fundamentals don’t worsen, there’s room for re-rating without requiring heroic growth.
