I think you’re right. We either struggle from the start or we pop higher but get sold for the first hour.
They want that first impression to say “stay out.” We see that particularly in the shares. Lately once we get beyond the first hour things normalize a bit.
I guess AG quietly came out with earnings yesterday. Looks like they missed by a penny. The stock doesn’t know whether it’s coming or going anymore, but contrast the reaction to their miss of a penny to HL’s miss of a penny and there’s a huge difference.
