I agree. IOT is our future, not our past.
Sentiment: Strong Buy
has fleas. See how it jumps.
Company could have avoided the confusion by either naming the old NYLD as NYLD.A and the new NYLD.C or just name the new class C as NYLD.C. But it didn't. I wonder the reason for the renaming and spilt. Anyone care to guess?
According to last weeks announcement: with the May 14th split,
The old NYLD becomes NYLD.A ,Class A stock while the new class C stock is listed (as the old)NYLD.
I call it a correction, folks taking advantage of recent good news to take a profit after the price surge.