Thread: Economics 301
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Old 06-20-2007 | 06:12 AM
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Rottweiler
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Question Economics 301

This must be Master's Level economics, so someone smarter than I, please explain:

March 2006 - UPS misses "Street Expectations" by a PENNY ( $.01) and the strock drops over seven dollars, or 11%, and continues to slide for a couple days, from $84 to $66 a share

June 20, 2007, 10:05 AM. According to CNBC, FDX misses "Street Expectations" (no figure given, yet) and the stock CLIMBS two and a half bucks, or 2.11%

This is a big WTF to me. Wall-Street darling-ism, like JBLU????

Thanks,

Rott
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