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  5. EFN: With regards to EFN. [Element Fleet Management Corp.]

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Q: With regards to EFN.TO. It was extremely volatile on Monday, Feb. 3, 2025 when the US tariffs were due to be implemented against Canada. It looks like EFN price dropped as much as 12% compared to it's previous Friday close but it seem to recover and ended up with a drop of 1%. Can you please give your take on this behaviour and what entry price might be reasonable considering the tariff climate (or wait). Many thanks.
Asked by Ian on February 05, 2025
5i Research Answer:
Its action was a bit more than most, but it was an extreme day with tariff flip flops throughout...
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