I do not understand, was up 15 dollars before,
Up 18 pre market too. Harsh move. Sold my V.
Their outlook was 'cautious'. This means they are not sure if they can keep up their earnings rate. You must remember that the market is looking ahead 12 - 18 months.
Fortunately I sold 150 out of my 200 at 534.66. Waiting to buy more share this afternoon.