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> They didn't meet revenue estimates and advised that the current quarter is going to be much worse than expected. I do find it fascinating how the market work
by konradb 11y ago
> They didn't meet revenue estimates and advised that the current quarter is going to be much worse than expected.
I do find it fascinating how the market works to adjust to new knowledge. The expectation or estimates of someone may not even have a bearing on what actually will happen.
You could almost see it as a delusion suffered by someone to have an estimate/expectation - as it will never be exactly reality - but it turns into an actual market event.