Any attempt to rally was sold into last week, someone was trying to get out of this name. Look at how YELP, AMZN GOOGL, and NFLX reacted after ER, there's clearly a sentiment shift. People's risk appetite has greatly reduced after Droptober.
"Losing less money than expected" or earning 2 cents(Non-GAAP by the way, learn your accounting) are simply not good enough in this market anymore. Much like our education system, you shouldn't get a star for trying baby, you gotta earn it!
"Losing less money than expected" or earning 2 cents(Non-GAAP by the way, learn your accounting) are simply not good enough in this market anymore. Much like our education system, you shouldn't get a star for trying baby, you gotta earn it!