bearish

Global Cord Blood (CO US): No Immediate Respite Is Seen

184 Views30 Jan 2022 21:25
SUMMARY
  • Global Cord Blood (CO US) has rejected the acquisition offer from Alternate Ocean Investment as it fails to properly reflect the value of the company and maximize shareholder value.
  • Global Cord shares plunged 4% since we published our bearish view in late November. The shares are trading more than 35% below its 52-week high price.
  • Although we are not seeing any upside potential, we have analyzed some key catalysts, which can move the share price higher.
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