Submitted by Whitebrown22 t3_z8cvmc in wallstreetbets
Extra-War5479 t1_iyb08wk wrote
Reply to comment by Extra-War5479 in CRWD Guidence by Whitebrown22
There are plenty of other companies who have lowered forecasts, fell sharply, and rebounded. Although not too many have fallen by 20% over this type of forecast.
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I remember Zoom fell last week after earnings reported weaker forecasts about 9-11%, and then rallied to a 7% drop next morning. Ended the day weaker, but rallied the next few days slightly.
Whitebrown22 OP t1_iyb0ugv wrote
Yes this makes sense. Nothing about the report made me think it deserved to fall this hard after hours
Extra-War5479 t1_iyb1xny wrote
NetApp misses revenue, and lowers guidance, but only 10% down...
[deleted] t1_iyb14j0 wrote
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