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How Earnings Affect Stock Price?
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Apple

From my experience, Apple share price seems to fall after earnings. Despite good results, share price generally would fall. Prior to the results, there would be a lot of hype about the results and investors do expect Apple’s earnings results to exceed expectations and this is priced into the share price prior to the earnings release. Hence, there could be some opportunity for buying after earnings, if there is too strong a drop. $Apple(AAPL.US)$
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