Q: Any idea why Well has dropped so much in the last few weeks and especially today?
5i Research Answer:
We don't have anything concrete here. Last week it filed a suit claiming a competitor was using one of its patents, and last week it got a target price upgrade at Canaccord. But neither of these is negative. There has been no other recent news. It could be sector worries or even tariff worries but we do not have a clear answer here.