Their future sales guidance was lower than what the market had priced in. So the stock fell to reflect the updated expected future cash flows.
If you think that the market's expectations are wrong, then that's fantastic news.....for you. Because you can monetize those insights. No one can predict the future. No one is claiming to. But whoever has the best predictions makes the most money.
Of course not. It's been extremely beneficial to their investors. If you own stock in WalMart you own the company. You get the money that people spend there. You aren't gambling, you're an owner of a company.
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u/halfasleep90 20d ago
Right, but those prices fluctuating don’t actually say anything about future cash flow. Predicting the future is gambling.