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re: Have you heard of a stock going up after missing the earnings estimate?
Posted on 10/23/14 at 10:11 pm to roguetiger15
Posted on 10/23/14 at 10:11 pm to roguetiger15
quote:
sometimes a miss in earnings can signal a change in the company's board or executive level. if investors see a change as a positive, they'll jump in.
mcd had horrible earnings but the stock barely moved, because of this reason.
edit- i don't think any changes were announced, but i believe there is speculation
This post was edited on 10/23/14 at 10:12 pm
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