DigitalGlobe’s Stock Woes
The Motley Fool comments on DigitalGlobe's (DGI) poor earnings, a loss of $.02 per share, and its resulting nose dive in stock price. It's most interesting comment was this: "Good PR doesn't trump bad profits." On Wednesday, May4, the market reacted to the company's quarterly report by sending the stock down from $28.72 to $25.82, a drop of 10% even though the report was within analyst's consensus estimates.
by Joe Francica on 05/05 at 03:12 PM |
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