Is the recent price action showing forward-looking ability to continue delivering?
I owned MPWR but sold after continuing price decline. When price declines three days in a row time to review position.
They gave weak forward guidance. Seems to be good company but bad timing. Maybe later. Another one caught up in AI euphoria but not delivering for now.
Same price decline happened at Eli Lilly but price quickly began recovery implying a large block coming to market taking profits.