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This is a misleading title, and the poster has a clearly biased stake in AMD. Hopefully no one made any rash decisions to buy stock because of this post, as of
by lawrenceyan 9y ago
This is a misleading title, and the poster has a clearly biased stake in AMD. Hopefully no one made any rash decisions to buy stock because of this post, as of trading day close, AMD is down 12%.
- KSS42 9y agoI am curious how do you know that the poster has a clearly biased stake in AMD? Business Insider did have an article with that exact title. The results were announced after hours and the stock had already dropped before this posting.
- lawrenceyan 9y agoClick the article link. What does the title say?
- sangnoir 9y agoThe correct question is: What did the title say at the time of submission?
- lawrenceyan 9y agoNo, the reason why I asked you to look at the title and see that the title had been changed is to understand the fact that the original title "AMD Announces 307% Increase in Q3 Earnings" was misleading. If it was a good summarization of the news, why then, did the author change it? Because it's fundamentally flawed. Yes, AMD did see a significant increase in earnings, but the profit was far below expectations. Additionally, AMD during their investor statement lowered their guidance for Q4 profitability by over 10%. Do you see how such a title might be misleading?
- akvadrako 9y agoWhat? This was posted (to HN) after trading closed.
- lawrenceyan 9y agoYes, you are correct. Earnings release statements for companies are generally released after market close. That doesn't mean trading stops. After hours trading doesn't end until 6PM EST.