Post by
zforzebra on Oct 27, 2022 1:32pm
Reason for today's selling? CSV
CSV - Carriage services, another death care business, reported earnings and missed by ~10%. The stock droped 19%. They operate in the Houston, so PLC has operations there too.
I think someone is selling ahead of PLC earnings, thinking it will be bad. We have significantly lowered expectation due to the last quarter so we might be okay.