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/biz/ - Business & Finance

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>> No.56119695 [View]
File: 57 KB, 680x547, apple stock.jpg [View same] [iqdb] [saucenao] [google]
56119695

why do I so often see companies' stock drop following big announcements that are going to bring in big revenue? Like Apple, for instance, just announced the iphone 15 the other day, but the company is down for the week. I notice this especially with game companies, where they'll have a big event, announce a game that's going to sell 20 million copies, and then the stock drops. what's the explanation for this?

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