Quote:
Originally Posted by fleury
I love the stock for a tech company, but I can't for the life of me understand how the stock dropped so dramatically today. A $10 drop in just a day at about $18 in the past few days. Weird that it dropped so dramatically with an imminent announcement along with earnings report. Odd...
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Likely speculating that the previous price increase due to tablet speculation was to bullish and now some are pulling back and taking profits before it releases the product.
Its the whole problem with the stock market, where they try to build the revenues of a product into a stock before its even sold 1 unit.