4 ms·
Those numbers are crazy. Why is the stock 1.5% down today given the news?
by jstx1 5y ago
Those numbers are crazy. Why is the stock 1.5% down today given the news?
- gnicholas 5y agoThe numbers are reported after hours. But it's also down an additional ~1% after hours (as of now, at any rate). Perhaps the guidance is not strong?
- mikestew 5y agoThe TL;DR is that Apple often goes down after great earnings, with little or no discernible reason. But since you asked..."Whisper numbers", which were higher than the analysts actual guesses, which were lower than the actual numbers (but the actual numbers were still lower than the whisper numbers). Or it was "already priced in". All bullshit phrases to allow some to pretend to know more than they do, when they really don't know any more than you or I. Now, that's not to say there isn't some truth in my first paragraph. But if someone utters those same words, it doesn't mean it's true. At the end of the day (or after the end of the day, in this scenario), it is what it is. As a side note, I've seen Apple (a stock I've been trading for over 15 years) take a dive in after-hours, only to come roaring back in the morning at market open. Or maybe it gets pounded the next day, but comes roaring back next week. And one more thing: guidance is often "we can't keep this up for ever!", and some people believe them, despite the fact that Apple has been saying that for at least a decade.
- baq 5y agoApple is the biggest weight of the s&p 500. FAAMG is the top 5. What you see is the market being down, not necessarily apple.
- MR4D 5y agoIt’s down in the aftermarket as well.
- paulpauper 5y agothe numbers are already priced in. look how well the stock has done over the past month.
- phnofive 5y agoCould never be crazy enough to ensure pleasing the market.
- Mikeb85 5y agoBecause the expectations were for good news and some people are probably taking profit.
- scsilver 5y agoMany money managers will sell the news, take profits, and reallocate. Catalysts like this cause a bunch of managers to do it at the same time, thus a dip. But look at it as a small sale.
- scsilver 5y agoMany money managers will sell the news, take profits, and reallocate. Catalysts like this cause a bunch of managers to do it at the same time, thus a dip. But look at it as a temporary discount.