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2009-01-07 | permalink
Optimism remains high on plunging Monsanto Company
While Monsanto Company has had a better 2008 than the S&P 500 Index (SPX), it hasn’t exactly earned the optimism that is prevalent on the Street. In fact, MON has dropped more than 37% (compared to the 38% slip in the broad market index), falling along with its 10-week moving average. The stock has plunged 51% from its June high, and is currently finding some support at the 70 level.
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2009-01-07 | permalink
Optimism remains high on plunging Monsanto Company
While Monsanto Company has had a better 2008 than the S&P 500 Index (SPX), it hasn’t exactly earned the optimism that is prevalent on the Street. In fact, MON has dropped more than 37% (compared to the 38% slip in the broad market index), falling along with its 10-week moving average. The stock has plunged 51% from its June high, and is currently finding some support at the 70 level.
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