The whole global market is being roiled at the moment because of the slowdown in China, not unexpected with tariffs. There is nothing fundamentally wrong with the company, in fact it has held up well over the last 2 months given that blue chip stocks like apple are down 26% and NVIDIA down 50%. I believe there will a deal in 2 months and a lot of the concessions China is making will be good for the global economy as a whole, especially if barriers to trade like SAMR registration are rolled back.
BAL Price at posting:
$7.60 Sentiment: Buy Disclosure: Held