ARCHIVED FORUM -- March 2012 to February 2022READ ONLY FORUM
This is the second Archived Forum which was active between 1st March 2012 and 23rd February 2022
It seems the value of B&O stock has lost all it gained in the past week. The share price is down 10% since the Beoplay A9 and Beovision 11 have been introduced. The stock shot up before their launch but has now dropped back. Is this just speculation prior to new product intros or a representation of what institutional shareholders think about these two products?
expoman:or a representation of what institutional shareholders think about these two products?
Hardly. Even though B&O's product portfolio isn't that wide, one or two single products aren't going to make or break it. It's normal that announcements create interest beforehand upping the stock price, then many owners decide it is a good time to cash in, driving the price back down. If the big investors aren't doing anything, a slow moving stock such as B&O doesn't need much additional trading for the price to move relatively much. Trading around the launch was actually smaller than two weeks earlier, for example.
It's the financial statements that matter, I don't think any analysts can do decisions based on just new product specs - especially with such unexpected, new kind of products such as the A9.
--mika