I think you've summed it up nicely. The market isn't necessarily looking for good reporting results, but more-so guidance.
With a "flat" outlook, the market responded accordingly. I think that the SP has actually held up nicely considering that you still could've purchased in the very low 20's only a few weeks prior to reporting.
This gives me confidence that investors can see a pathway forward for future growth. But CCP is a volatile stock and I'd expect a decent sell down with the next bipolar episode that the market experiences. P.s. - No disrespect intended.
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