Happens every qtr in the afterhours. The hedgies do their darnedest to hold the stock down in the face of blowout earnings.
Then on the conference call they'll guide up and the stock will be up another $2.
Then tomorrow in the premarket the hedgies will try to drive it down again. Then in the 'real' market it will end up $5+.
It happens all the time.
Awesome guidance. Let the Kubuki dance begin......
Warning, hedgies will crater it within a couple minutes of the regular open. THAT will be your only opportunity to buy more cheap shares.
Up $5 all the time???? Hardly. But I certainly would take it this quarter