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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Lumine Group Inc. (LMN)

Q: Why is Lumine collapsing?

Asked by Kim on August 13, 2024

5i Research Answer:

Investors continue to sell following less-than-stellar earnings and little in the way of new acquisition news. It is a relatively thin stock with only two analysts so any selling can result in higher-than-normal stock volatility.

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