Myer feels the heat

Warm autumn weather hasn’t helped Myer’s share price lately.

Myer’s share price has taken a tumble since our most recent upgrade in Myer: Moribund no more?. It’s fallen 17% over the past month although it remains above our original upgrade in Is Myer still a pariah?.

Picking the reason for short-term price movements is tricky. That’s particularly so with speculative stocks, which tend to be more volatile.

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