"It is incredible to me that the share price went and fell 11.6% on Thursday.It should have risen by that amount!" The market has factored in the news and it wasn't positive.
The factual points you make are good but your reasoning is completely off the mark.
This is one of the strongest examples of confirmation bias I have seen on hotcopper and it should be stickied to serve as a case study example for people trying to understand human behaviour and psychology in relation to investing.
https://en.wikipedia.org/wiki/Confirmation_bias
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