Want to join the conversation?
Mitch Steves of RBC Capital Markets asks about the GM dynamics and the reason for the 100 BP increase. $SMTC said it was mostly a mix of the products that it shipped more of in 1Q17. And in the quarter there were some low margin products which were going to be in the revenue mix, but those were pushed out of the quarter, which helped GM.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?