I'm doing the Investopedia Simulator game with some friends. I bought a whole bunch of shares of H&R Block (HRB) ahead of their earnings report, and they had a good report, beating the Wall Street consensus estimate. But today they're down 20%. Why would that be?
I also find it strange that articles like here and here talk about HRB beating expectations, and that its price is plummeting, but the articles don't provide any explanation. Is it because these articles are written by bots? Or why wouldn't they give any explanation as to why the price dropped?
Submitted June 13, 2018 at 09:48AM by Cyclone__Power https://ift.tt/2MneHKX
