According to data from S&P Global Market Intelligence, the stock finished the month down 14%. As you can see from the chart, shares fell sharply after the earnings report came out in the middle of the month and stayed down from there.

Since its first-quarter earnings report on Dec. 18, which provided dim guidance for the upcoming quarter, the stock has declined 15.5%, closing at $89.87 as of Jan. 3, 2025. Now trading near its 52-week low of $79.15, investors are left wondering: Is it time to buy the dip or wait for further clarity