APC 一年前的数字有一次性项目。锄掉这个，APC实际上超过街上的期望(1.44 vs 1.21, very good)。看数字时要看operation income，卖工厂机器得来的钱不算的。另外，APC重申他将早先预计的目标。Such a good ER report warranted a gap-up next morning.
Some journalists did not do good checks and sent out news report very quickly. Apparently, it is right but it was wrong. In this APC case, its number one year ago should be corrected, but it was not done.
After the earning announcement, a stock could first jump up and fall apart, or it could first plunge and then rocket up. The reason is that investors react very quickly to the numbers, but they have difficulties to do precise judgements. Don't think anybody is manipulating in the after hour.
Some journalists did not do good checks and sent out news report very quickly. Apparently, it is right but it was wrong. In this APC case, its number one year ago should be corrected, but it was not done.
After the earning announcement, a stock could first jump up and fall apart, or it could first plunge and then rocket up. The reason is that investors react very quickly to the numbers, but they have difficulties to do precise judgements. Don't think anybody is manipulating in the after hour.