I was just watching the share price as the Microsoft results were announced. Pretty good results beat forecast with Azure+cloud revenue up 26% (I haven’t read all of the results) but the share price drops like a brick. Then bounces then drops… I’d love to know what drives all of that volatility. Is it just some day traders or something else
Sorry just rambling
Stock is up a lot YTD, expectations are high and they don’t always meet them
Yes I realise they’ve had a good rise but widely forecast to continue doing so. The results beat forecasts so not sure what more people wanted and there will always be a few things that aren’t as rosey. Just curious really because the after market price is almost back to where it closed so just wondering what’s behind the big drop.
I was watching another share earlier to see it drop like anything during trading for a short while only to then put in an impressive rise so the drop was just a shake and to trigger stop loses I guess. Amazing how many times I see fairly significant drops just before big rises
Just more, always more!
“Market Wisdom”: Buy the rumor, Sell the news
Maybe some investors are simply, making profits (cashing in the chips).
Various reasons, in fact the list can be endless
It wasn’t a terrible serious post and as you say there are lots of reasons. Although I specifically referred to MSFT it was more a generalised comment about the market not always being terribly rational. If anyone can explain the rise in Ocado yesterday they are doing better than me but I sold out of Ocado yesterday afternoon so I was happy with it, whatever the reasons (and if it was a short squeeze, thanks)