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$ContextLogic (WISH.US)$ 1.15 contractory to general views that when news of company announce its quarterly performance and earnings does affect and will cause its stock price to go up. Instead for $ContextLogic (WISH.US)$ 2.11 since 13 Apr to now $ContextLogic (WISH.US)$ 1.76 and is still falling. Stock market investment can be emotionally affected by earnings as it still has the "herd mentality". Please be logical and do resarch and go bqck to fundamental and technical analysis.
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$ContextLogic (WISH.US)$ 1.15 falling once again. Just a short moment of hope that earlier announcement of company earnings did help raise its stock price.
Wall Street analysts expect ContextLogic Inc. to announce earnings per share (EPS) of ($0.14) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for ContextLogic’s earnings. ContextLogic posted earnings of ($0.21) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 33.3%. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.
According to Zacks, ana...
According to Zacks, ana...
Sometimes companies paint a rosier picture of their financial position than is true. Inflating financial statements and misleading investors can get companies into trouble
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Capital markets are normally considered to be efficient when prices reflect all the available information. However, there are instances when this information takes several weeks to be incorporated into share prices. This leads...
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Capital markets are normally considered to be efficient when prices reflect all the available information. However, there are instances when this information takes several weeks to be incorporated into share prices. This leads...
OK so, after a company becomes tradable, periodically they generate a projected earnings report (PER). This PER is mirrored with the actual earnings reports as they come out, this drives the rise or fall of the price per share by whether the actual earnings exceed or fall short of the PER.