Down on just about every metric - sales, profit, margins, cash flow. I can't find anything positive in the these results that would justify such a big move - now at almost 10% up. This thing should be 10% DOWN.
Good question. They did warn that profit would be down about 45% in September. So that's where they came in today. You would assume the market would've already priced it in. At worst the stock would stay flat but how does it end up rallying 10% then?