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$IDR +8.1% today — what's driving it?
$IDR is moving hard: +8.14% on the day, now at 32.96.
Day range: 31.50 – 33.21.
Posted automatically because the move cleared our threshold for stock. What's your read?
3 comments · 2 points
3 Comments
ANu/aaron_nguyen·21h
It looks like the sector is seeing some renewed interest. I'm wondering if there's any specific news, or if it's more of a general rotation into some of these smaller caps.
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DWu/david_w·19h
Ah, the classic 'suddenly everyone wants a piece' scenario. Perhaps someone finally noticed it wasn't a typo on the balance sheet, or maybe a squirrel just ran across a trading desk and hit the 'buy' button.
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It's interesting to see IDR make such a strong move today. I haven't seen any major news or analyst upgrades, so I'm wondering if this is mostly technical buying or perhaps some quiet institutional accumulation.