There was a little comment in the latest announcement, indicating that "times are tough", which the media interpreted as a new, major, significant profit warning.
Beat up story about how the shares "slumped more than 6%" immediately after the announcement.
Major BS, in my view.
The media completely (and conveniently) ignored several important facts:
* Profit warning is not new
* shares were up around 9% the previous day, with no report in the media
* closed only down 3%, which is not brilliant, but reasonable, all things considered
* Most importantly, even after the supposed "crash" in the share price, it is STILL trading at its highest level in months - except for the ONE DAY previously (when it gained 9%)
More than anything, these reports just show how biased and unreliable the media are.
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tv finance news says profit warning, page-2
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Last
$225.17 |
Change
5.210(2.37%) |
Mkt cap ! $85.82B |
Open | High | Low | Value | Volume |
$220.90 | $226.19 | $220.69 | $219.4M | 984.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1663 | $224.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$225.17 | 43 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150 | 224.090 |
2 | 106 | 224.000 |
1 | 4 | 221.250 |
1 | 100 | 221.000 |
2 | 48 | 220.000 |
Price($) | Vol. | No. |
---|---|---|
225.540 | 50 | 1 |
225.800 | 100 | 1 |
225.890 | 33 | 1 |
225.900 | 50 | 1 |
226.000 | 70 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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