Q: Just curious. When CSU was in its infancy, say around $35, the price of LMN now, did it have the same volatility as LMN and TOI have now?
Thanks
jeff
Thanks
jeff
5i Research Answer:
CSU went public in 2006; in the early days it was quite volatile, with 4% to 6% weekly moves fairly common. Certainly 2008 and 2009 were volatile in the financial crisis. After that it settled down, a bit, but we would still say it was higher-than-normal volatility for much of its existence after that.