skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. LMN: Any reason why these expensive tech stocks hold up so well today. [Lumine Group Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

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

Q: Any reason why these expensive tech stocks hold up so well today.?

Thx
Asked by blake on April 03, 2025
5i Research Answer:

These two have solid, long term shareholders who are not likely to flip out of positions just due to short term market conditions. Institutions know they are hard to buy and thus simply do not trade them as they may not be able to 'get back in'.