2min chapter

The Compound and Friends cover image

No pivot!

The Compound and Friends

CHAPTER

Earnings Misses Are Not Being Kind to Stocks That Miss

The market is not being kind to stocks that miss on the top and bottom line. Earnings misses are getting punished underperforming the S&P 500 by 667 basis points the next day. Uber's turning free cash for positive as quickly as they did is pretty remarkable.

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