On Wednesday, the S&P 500 was down 0.8% while Toronto was about flat.
AutoCanada fell 12.3% to $11.09 giving back a good portion of its recent gains. Unfortunately, there may be nothing to support the share price unless and until it able to post improved earnings which is expected to do by Q1 2019. New management owns substantial shares and is in it to win and has a lot at stake so they will certainly be trying hard.
TFI International was down 2.9%. It’s latest numbers were great but it’s hard for any company to fight the tide of a weak stock market.
CRH Medical was up 3.6%.
Meanwhile, Warren Buffett has been putting money to work taking advantage of lower share prices.