The bigger pictureNorthland has had it's own hic-ups, some controllable, others not, which contributed to the stock's decline. Debt is getting more expensive for Northland.
But in addition, the multi-trillion dollar exit of money from the stock markets may have not helped either. Money entering the money market world is ongoing. When will it return to the stock market is anyone's guess. If there is any glimmer of hope, at least the money is there waiting to fuel a stock rally when the time comes.