May. 13 at 5:26 PM
Today’s print is basically confirming the trend.
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$GILT reported earnings and missed top-line expectations, coming in at
$110M vs.
$114.5M consensus. Not a huge headline gap, but the real story is in the trajectory.
Stellar Blu revenue still isn’t accelerating — exactly the deceleration risk I flagged earlier is playing out in real time. Growth quality continues to look questionable, and the market is starting to price that in more aggressively.
Not victory laps, just data. Price action tends to catch up to fundamentals eventually.
Disclosure: As always, I may hold a position and may trade at any time in either direction.
