@TotallyLost Don't you remember Delphi, GM's biggest supplier, which went bankrupt in 2008/09? I speculated on a rescue back then. It went wrong, the share was set to 0 and derecognized.
Technically, there is still room to the downside. Strong negative trend and negative momentum, SMA 20 below SMA 50, also SMA 100 below SMA 200. The current very low RSI could indicate that the stock is oversold. However, this alone is probably not enough for an improvement
You should be happy to buy at lower price, However there is negative momentum around the stock right now for 2 reasons:
$TRI which is one of his closest competitors report flat revenue growth and the stock fell, so in simpaty also $WKL is falling
Plus, in February the old CEO declared departure from the company after 20+ years and the market is worried about the new one (basically the stock started to go down from February this year)
I also find it crass. Delivers decent numbers and lifts outlook and no new news (at least I haven't found any?) and stays in the AI game and is completely torn apart.