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It's mainly up due to a good earnings report in August, and good guidance going forward. If the breach doesn't hurt earnings, why should the stock price move?
by smackfu 12y ago
It's mainly up due to a good earnings report in August, and good guidance going forward.
If the breach doesn't hurt earnings, why should the stock price move?
- WettowelReactor 12y agoThat's the OP's point. If folks cared about security you would expect a backlash from customers because of the breach directly impacting earnings.
- smackfu 12y agoFor Target, the selling didn't come until after Target announced it was going to impact their earnings.