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  5. HPS.A: Hps. [Hammond Power Solutions Inc. Class A Subordinate Voting Shares]
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Investment Q&A

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Q: Hps.a shot up like a rocket since U recomended it on Oct 10 @ $52.25. to $75.16 H,but last few days dropped to $65.75. Any reason for the fall.Please advise a good entry point.Thanks for U usual great views and services.
Asked by Peter on November 09, 2023
5i Research Answer:

There has been no news since earnings (Oct 26) and a Canaccord target price upgrade ($69 to $85) on October 30. Still up 226% YTD, some profit taking and volatility could be expected going into year end.