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Posted On: 08/09/2022 9:02:43 AM
Post# of 148903
It is very common for companies to put news out after hours, especially when it’s bad.
Does anyone think they should have put it out during the trading day, resulting in a halt in trading and knee-jerk panic selling?
Companies DO re-state earnings.I don’t remember what large-cap stock did it recently, but it was a household name.
Legal jeopardy would ensue if they did NOT re-state earnings when they became aware of a problem. The timing is a non-issue.
Does anyone think they should have put it out during the trading day, resulting in a halt in trading and knee-jerk panic selling?
Companies DO re-state earnings.I don’t remember what large-cap stock did it recently, but it was a household name.
Legal jeopardy would ensue if they did NOT re-state earnings when they became aware of a problem. The timing is a non-issue.
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