A street analyst is trying to conduct top-down research. In order to realign investment portfolio, he plans
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Question:
A street analyst is trying to conduct top-down research. In order to realign investment portfolio, he plans to remove the stock that has the lowest market share in its industry. He is currently looking at the following stocks:
Stock Name: ABC
Revenue: 2,345,678.00
Industry Sales: 27,000,579.88
Stock Name: DEF
Revenue: 278,000.00
Industry Sales: 2,897,000.90
Stock Name: GHI
Revenue: 1,334,567.00
Industry Sales: 8,700,899.76
Stock Name: JKL
Revenue: 4,400,990.00
Industry Sales: 6,678,999.00
Stock Name: MNO
Revenue: 13,000,000.00
Industry Sales: 87,994,678.00
Which stock will he remove?
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