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Stock Weekly: Sierra Wireless (SW:CAD12.48) drops 2.8% on weak volume

May 01, 2020 - News Bites Canadian Markets
Board and Executive Moves-Event Announcements-Earnings Announcements


Sierra Wireless Inc. (TSX:SW), Canada's 3rd largest Communication equipment company by market cap, has decreased 36.0c (or 2.8%) in the past week to close at CAD12.48, ending a three-week streak of rises. Compared with the S&P/TSX 60 Index which rose 9.5 points (or 1.1%) in the week, this represented a relative price change of -3.9%. The volume was 0.6 times average trading per week of 590,185 shares. In the past week the market cap has declined CAD13 million (...