Share price fluctuations on announcement days are based on expectations. Market had expected higher losses. Instead you should look at Uber's performance since it's IPO, down something like 30% while the DOW is up 23%.
So no it's not a drop of 1% but more like a swing of over -50%.
Always look at the complete picture.
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- 2019 AGM Afterpay WEDNESDAY 13 NOVEMBER 2019
2019 AGM Afterpay WEDNESDAY 13 NOVEMBER 2019, page-9
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