The Lawsuits have been announced for a week now and mxwl just marched higher.
Today it opens nice and high then drops like a rock. Any "NEW" news out there to
explain the drop ??
Weak market with sell the news mentality.
May have to test the lows.
Unknowns still lurking.
No position but loosely following.
Do you own any stocks besides MXWL? How's it doing today?
Average Joe took "sell in May" very literally.
Everything is down today if you hadn't noticed.
It's still April for 2 more days.
Most stocks are down 2%-3% not 8% like MXWL.
MXWL Volume is super low.
This all screams why such a harder fall than everyone else.