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Benzinga
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New Oriental Education, Walgreens And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

1. EDU shares dropped 16.2% after weak earnings report. 2. Quarterly earnings missed expectations at 22 cents versus 30 cents forecasted. 3. Sales of $1.04 billion surpassed estimates but were overshadowed by earnings miss.

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FAQ

Why Bearish?

Weak earnings signals poor company performance; past earnings misses have led to sustained declines.

How important is it?

Earnings directly influence stock performance; misses can lead to selling pressure.

Why Short Term?

Immediate negative sentiment from earnings will impact price short-term; corrections may follow.

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