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I saw this post, checked their stock price, and its up 5% since yesterday?
by mucle6 3y ago
I saw this post, checked their stock price, and its up 5% since yesterday?
- jackmott42 3y agoDoing bad was expected, so the stock price was already down. The degree of badness was less bad than expected, so the price goes up a little. The same thing often happens in reverse: "Nvidia posts record profits" and stock tanks because an even bigger record was expected.