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Apple's earnings call is going on right now: https://finance.yahoo.com/news/apple-tops-q2-earnings-estimates-on-strong-iphone-sales-174033613.html https://finan
by sgerenser 1y ago
Apple's earnings call is going on right now: https://finance.yahoo.com/news/apple-tops-q2-earnings-estimates-on-strong-iphone-sales-174033613.html https://finance.yahoo.com/news/apple-tops-q2-earnings-estima...
The headline sounds positive, but apparently its not positive enough to keep the stock from dropping.
- Imustaskforhelp 1y agowow, this has dropped even further it was around 2.5 last time , now its 3.7 , these are in some serious Billion dollar loses. I don't know but seeing so much money move so fast with such high velocity and such corrections in minutes and thus losing or making billions. I really want stability and it does seem to me that in some sense I wish for every economy to be more comprised of small businesses which aren't changing their stock price in such drastic measures though I think such an opinion might be unpopular around here.
- toyg 1y agoThere is always a certain amount of rollercoasting going on around Apple earning calls, with stock going up during build-up and then dropping after the call. My reasoning is that a lot of traders are simply afraid of losing a potential "wow" moment, so they stockpile just in case and then unload once they are sure that it's nothing special - simply to avoid their bosses going "why did you miss the boat on Apple?!?!" if the price skyrockets.