# Why does the share price tank with good news **URL:** \ **Category:** đź’¬ Trading 212 chat\ **Created:** [July 25, 2023, 8:30pm UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533 "2023-07-25T20:30:50Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![WakeMeUp](https://avatars.discourse-cdn.com/v4/letter/w/5f8ce5/32.png) [@WakeMeUp](https://community.trading212.com/u/WakeMeUp)\ **Post date:** [July 25, 2023, 8:30pm UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/1 "2023-07-25T20:30:50Z")
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 ---
**Author:** ![Scrooge\_McCodf](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/scrooge_mccodf/32/18951_2.png) [@Scrooge\_McCodf](https://community.trading212.com/u/Scrooge_McCodf)\ **Post date:** [July 25, 2023, 9:05pm UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/2 "2023-07-25T21:05:08Z")
Stock is up a lot YTD, expectations are high and they don’t always meet them ---
**Author:** ![WakeMeUp](https://avatars.discourse-cdn.com/v4/letter/w/5f8ce5/32.png) [@WakeMeUp](https://community.trading212.com/u/WakeMeUp)\ **Post date:** [July 25, 2023, 9:11pm UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/3 "2023-07-25T21:11:38Z")
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 ---
**Author:** ![Scrooge\_McCodf](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/scrooge_mccodf/32/18951_2.png) [@Scrooge\_McCodf](https://community.trading212.com/u/Scrooge_McCodf)\ **Post date:** [July 25, 2023, 9:38pm UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/4 "2023-07-25T21:38:43Z")
> [@WakeMeUp](#): > > The results beat forecasts so not sure what more people wanted Just more, always more! ---
**Author:** ![RLX](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/rlx/32/7051_2.png) [@RLX](https://community.trading212.com/u/RLX)\ **Post date:** [July 25, 2023, 9:59pm UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/5 "2023-07-25T21:59:03Z")
“Market Wisdom”: Buy the rumor, Sell the news Maybe some investors are simply, making profits (cashing in the chips). ---
**Author:** ![Zrtz](https://avatars.discourse-cdn.com/v4/letter/z/eb9ed0/32.png) [@Zrtz](https://community.trading212.com/u/Zrtz)\ **Post date:** [July 27, 2023, 7:32am UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/6 "2023-07-27T07:32:28Z")
Various reasons, in fact the list can be endless 1. Profit taking – MS has had a good run so far 2. Rebalancing portfolio – Institutional investors governance on risks concentration 3. Better opportunities elsewhere to be exploited 4. Disappointed result – not everyone agrees on those analyst forecast – we’ve all got our own forecast ---
**Author:** ![WakeMeUp](https://avatars.discourse-cdn.com/v4/letter/w/5f8ce5/32.png) [@WakeMeUp](https://community.trading212.com/u/WakeMeUp)\ **Post date:** [July 27, 2023, 8:04am UTC](https://community.trading212.com/t/why-does-the-share-price-tank-with-good-news/63533/7 "2023-07-27T08:04:05Z")
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)