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Megaport Ltd (MP1) $13.89

MP1 has plunged over 40% in less than 3-moths with the elastic interconnection service provider following tech lower in a magnified manner after delivering a very average 2nd quarter trading update, clearly not good news for a stock priced for growth – quarterly revenue increased 8% which was not enough to appease investors as the company increased their investment spend.

MP1
MM has no interest in buying the dip in MP1
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Megaport Ltd (MP1)
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