NEW YORK - Apple Inc and Google went on completely separate paths to the current date. Google rose 11% when it reported its Q3 earnings but as of today the stock only sits 3.8% higher. While Apple lost 5% in the morning after it reported but as of today is down less than 2%.
It just goes to show how there can be significant opportunities on the day a company reports earnings, as investors try to trade information as if it really means something significant, when in actuality the majority of Wall Street earnings are quite blase.
To read the full Apple report click here
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