I just looked at todays' stock performance...normal...when an announcement comes out, the stock goes down...but this time we KNOW that folks are waiting for RESULTS, tomorrow AH...and my guess is that some already know...based on the high volume of trades yesterday. Conundrum surrounds TKO right now...On the one hand, there is promise that maybe now, things can move forward..TKO has some 'snap' now with the restructuring of the TOP....on the other hand, we still have to deal with the past, when earnings come out tomorrow..and all are nervous.
I wonder, honestly now, if there aren't some shorts being covered today, in light of the announcement today. I don;t know---I just wonder.