SMP Global: A Global Tech Platform With Huge Data Sets

SMP Global reported earnings after market closed yesterday, and the stock traded down around 7%. I'm down $4,000 this week, which is 5.77%. Just yesterday it was down 7%. Now, why did SMP Global sell off? Well, we can read the headlines. They literally hit their earnings per share within a one penny margin of error. But if we look at this through any realistic lens, this is basically in line with their expectations. This is what investors are having a big overreaction to here. Let's go ahead and bring up SMP Global's actual earnings report here.