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re: More carnage in the stock market on Monday?
Posted on 2/5/18 at 10:47 am to LSURussian
Posted on 2/5/18 at 10:47 am to LSURussian
KEM. 
This thing has sank like a rock
This thing has sank like a rock 
1
Posted on 2/5/18 at 10:55 am to YoungManOldMan
quote:
KEM. This thing has sank like a rock
There were two things that may have spooked investors in the CC. The first was the issue of capacity. Kemet was operating at capacity and couldn't meet demand. They said they were planning an additional $20m for capital expenditures to expand capacity. Some probably took that to mean competition issues as well. The second was regarding their margins. The CEO said they expected a small drop in margins in the next quarter, but to rebound after.
The above caused the sell-off. Today it's just tanking with everything else.
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