Judge it!
Greatest overreaction I have ever seen to a stock that misses by 11 cents, is still profitable, increased backlog, revenues up and over estimates, earnings up over last year, etc.
You would think they declared bankruptcy by the way the stock plummeted.
Metals
Apr 30, 2008
Shares of Chicago Bridge & Iron plummet after company posts lower-than-expected 1st-qtr profit
“We believe (Chicago Bridge & Iron) shares will likely trade off on this result”
Shares of Chicago Bridge & Iron Co. fell sharply Wednesday after the construction and engineering services provider posted a first-quarter profit that grew 15 percent but missed Wall Street estimates. via Canadian Business Magazine
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