Yeah, Brian Kelly of Cnbc caused the drop. That pretty much sums up your ignorance. And you wonder why I post Sarcastic #$%$. Lol.
Because Hedgies now there are taking the market down in the short term when rates go up. They will buy when it's lower. Same old game.
I figured you as a newbie by your posts. You should research and educate yourself before buying a stock.
Last summer the ceo burnt many hedge fund managers. So simply put - they don't trust him at this point. A big "DUH"
What they can't do well without the cfo is prove that everything is ok with the business. They have a history with Wall street if you didn't know already.