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It's not "clever" to hold the news till after the bell. It's done that way to avoid causing damage to high-frequency traders such as arbitrageurs and market-mak
by time_management 18y ago
It's not "clever" to hold the news till after the bell. It's done that way to avoid causing damage to high-frequency traders such as arbitrageurs and market-makers who, by providing liquidity, are good for a stock. Earnings are also usually announced at 4:10 for the same reason.