Symbotic: Organic Growth Headwinds Mounting
Symbotic's (NASDAQ: SYM ) Q1 results, and forward guidance were disappointing, leading to a sharp drop in the company's share price. A lack of growth in system deployments is a growing problem and will likely ensure growth continues to soften in coming quarters. While someRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be a ...