Yes, that’s a computer-generated newswire by AP/Zacks. Caveat emptor! Some of them miss the boat by a wide margin.
p.s. Reuters and Dow Jones (WSJ/Barron’s/MarketWatch), among others, are still doing newswires the old-fashioned way. I refer to one of these rather than AP whenever possible.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.