I bet there were over 1000 stocks last year that went down when they had increased earnings. Socks go up when they EXCEED expectations. If they are expected to have huge growth and just have good to moderate growth they still go down. And I have seen many many companies have that happen. It does not mean the company is bad. On the contrary, most of the time they are very good. Just not as good as people wanted. But most of the time people want the moon. And more if they can get it. I know because I am one of those people, that is why I did not sell when I was up 200% on this stock. I wanted more. But you should not make blanket statements stocks go up when there are increased sales. It is not accurate.
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