RE:RightoThe price beat expectations. People were expecting 10% better than estimates.
The forward guidance is good. Growth has slowed from 500% or something crazy like that. Tomorrow the stock may stay down 2%. But in a few weeks it will be up again.
I wouldn't put too much faith in a little after hours traders. There are lots of people who are short and want to manipulate the markets.
Nvidia I'm talking about.
The results and guidance are good. If they had missed, it might have got ugly on Nasdaq. But the results were good.