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  5. PRL: Propel stock had, lately been doing well, hitting a high of $42, late January, after an analyst upgrade. [Propel Holdings Inc.]

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Q: Propel stock had, lately been doing well, hitting a high of $42, late January, after an analyst upgrade. Today, a month later, it has done full circle, back to $34.50, where, it was trading since October, 2024.

Is this just profit taking or a shadow of the big brother GSY ( just reported ), in your view, or something has changed ( Trump jitters ) ?

Do you still continue to expect excellent growth ( UK acquisition etc ) and would be comfortable adding after this pullback ?

Thank You

Asked by rajeev on February 20, 2025
5i Research Answer:
It is down 8% year-to-date, but up 98% over the past year, and this could be a combination of...
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