ABB -4.32%: It has been a tough period for ABB with a number of earnings downgrades sending the stock down 41% year to date. Following this week’s results and share price decline, it is worth highlighting that all of ABB’s directors have bought stock in the market since, with 6x change of interest notices out so far. Total Director buying in the last 2x business days now represents ~$1.4m. Some of the most aggressive director buying we have seen and a very good sign.
MM remains positive on ABB
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