Live On CNBC, Jim Lebenthal Announces He Trimmed Home Depot Position
Portfolio Pulse from Happy Mohamed
Jim Lebenthal, a regular CNBC contributor, announced on live television that he has trimmed his position in Home Depot (HD).

August 25, 2023 | 4:49 pm
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NEGATIVE IMPACT
Jim Lebenthal's announcement of trimming his position in Home Depot could potentially influence other investors to do the same, which may lead to a short-term decrease in the stock's price.
Jim Lebenthal is a well-known figure in the investment community. His decision to trim his position in Home Depot could be seen as a lack of confidence in the company's short-term performance, which could influence other investors to sell their shares as well. This could lead to a short-term decrease in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100