My suggestion was why did they give the update right before the end of the year? Might have been better to hold until Monday 1/4/2021. Thought that maybe the news from last week was given then since they had more news to start with this week. Otherwise the timing of that news was maybe misplaced.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.