Feb. 18 at 4:34 PM
$MITQ down 16.2% in a month — what's behind the sell-off? 📉
Despite a 10% revenue rise and a 24% gross profit boost, the market remains cautious, with the stock underperforming the broader index. Investors seem wary of cash flow challenges driven by working capital changes, including increased inventories post-DCS acquisition.
See why the market's skeptical despite improvements 👉 https://www.zacks.com/stock/news/2871540/mit-stock-down-6-despite-q2-loss-narrowing-yy-on-dcs-buyout?cid=sm-stocktwits-2-2871540-body-34077&ADID=SYND_STOCKTWITS_TWEET_2_2871540_BODY_34077