RE:Ontario Rulingwas about to post this today - it's very likely the reason for the sell off yesterday as it perhaps introduces some uncertainty as to how WELL, and specifically MyHealth, will benefit. there are also some Telehealth changes ending in the USA on May 11th which will impact Circle and this has been highlighted in some of the analyst earnings previews.
I think people are reading into the Friday earnings a little too much but keep in mind that CRH Medical, which is a huge driver of earnings/cashflow to WELL, is seasonally softer in Q1. Q4 is their strongest quarter.
WELL is very good at managing earnings so the more important thing to read into is the Q&A on Friday.
GLTA