Understanding the KERN Dip
Has anyone been keeping track of what’s going on with KERN? Two days ago they announced an acquisition of 365 Cannabis, one that would theoretically simplify the ERP landscape for weed businesses. Since then the price has dropped from 4.24 to 3 (it jumped from 3.3 to 4.24 when the announcement was made). KERN has been on a consistent landslide over the last year too.
Any idea what’s going on there? Isn’t the acquisition be a positive reflection on the company?
via r/wallstreetbets https://ift.tt/3qhG8Zq
September 15, 2021 at 11:58AM