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The problem is, as I mentioned earlier, relatively ending well has often emerged after a period of really bottoming out.

The company's market cap plummeted this September, bottoming out at around $12 a share before rising to $51 a share earlier this month.

Still, the average number of kids held in secure detention has increased in the past few years, after bottoming out in 2021.

Picked to finish second behind UC Santa Barbara in the Big West, the Beach finished in a tie for fifth, bottoming out with five consecutive losses to end the regular season.

However, there were now signs that trend was "bottoming out" he said.