Last time it happened towards the end of the trading session...
It seems to me that growth is slowing, revenues are falling, and costs are rising. What is there to like in this report? This will take a lot of patience after the latest 2 reports.
Either that or this is a shake-out and the weak hands are being suckered into selling. We will know in about an hour.
A long that finds out a bad report was leaked will not be much worse off, as the bad report would take it down anyway, but if you sell or go short here to find out it is a decent report, yikes.
The numbers do look kind of ugly.