WLY - John Wiley & Sons: Potential Pain In The Short Term It's Best To Avoid It (Technical Analysis)
2024-02-01 15:46:21 ET
Summary
- Q2 FY24 revenue declined by 4.2% due to underperformance in the research segment and higher employee costs.
- The stock is currently bearish and trading within a downward channel pattern, with limited upside potential.
- The company's non-core education operations are undergoing strategic evaluation, which may lead to asset sales and potential risks for the company's operations and financial situation.
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John Wiley & Sons: Potential Pain In The Short Term, It's Best To Avoid It (Technical Analysis)