KAI is a falling knife, continues to bleed every investor trying to catch it
25 Apr, 20245 min read
KADANT INC is a falling knife that can bleed you if you catch it on Thursday. It lost -2.21% to close at 279.58. On a day when the overall market breadth was 44%, it closed higher than 60% of the market. In comparison, the benchmark SP500 index closed today at -0.0046%.