4 ms·

That might be a reason for a long-term decline, but it's not a reason for it to drop 10% in a few hours. Something is going on (I have no idea what). EDITED t

That might be a reason for a long-term decline, but it's not a reason for it to drop 10% in a few hours. Something is going on (I have no idea what). EDITED to add: ah, I see they released earnings.

Cookingboy 14y ago
People emotionally overreacting to the slight revenue miss (by slight I mean missed over-hyped analyst expectation by 1%). It's bizarre to see that fundamentals are completely disregarded when it comes to trading the company with the highest market cap in the world.
- ruswick 14y ago
  The stock market is not a place for rational actors. It is a place for visceral, very exaggerated responses to trivial developments.
- jinushaun 14y ago
  Every time a company misses expectations, I always wonder if the analysts were just simply wrong.