RE:RE:RE:RE:RE:RE:RE:RE:Knight Signs New Exclusive AmBisome® Agreement with Gilead Definitely not market impacting news event.
Their news release are never met with any rally following them.
I mean you can blame the broader market being down considerably today but it's been ripping since the spring and GUD is still down big.
Clearly investor fatigue in this stock, their cash position is eroding sitting there not being used to make money and what is there to really get investors excited other than painfully slow growth.
Its almost like investors can come back in 3 years and nibble at this stock at the same price it is at today.
Can they acquire something else? They have money sitting there doing nothing.
2020 has been a huge setback for Knight, I almost want to say can it get any worse but it always can.