Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Synutra International
So what: Even with the shortened trading session, the Synutra surge comes on roughly double the stock's three-month average trading volume. Despite posting a much wider-than-expected second-quarter loss just a few weeks ago, the shares have managed to climb by about 30% in November.
Now what: It's tough to explain exactly what's driving Synutra's month-long surge, let alone today's 15%-plus climb. After all, weakening sales also prompted management to cut its profit guidance for next year by $0.30. With rival American Dairy
Interested in more info on Synutra? Add it to your Watchlist.
True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool's disclosure policy always gets a perfect score.