Are We Living In The Real World?

july 19, 2005

The world sure is strange...A company's profit increases by six-fold and yet the stock price dives 10% on after-hours trading. What is up with that? Anyways, if you haven't heard, Yahoo! made a lot of money in the second quarter, yet Wall Street was still not happy. What is going on? Isn't it a good thing when a company makes money?