Money Forum World

Hi everybody,

I am new to the stock exchange market so I hope you may clear some of the fog I'm encountering

Citrix stated its 3rd quarter income results yesterday and to my opinion this was a good report.

For the full report see marketwatch.com/News/Story/St.

So if this was a good report why does Citrix fell 20% right after the trading day started?

What am I missing here??

Every stock has income and analysts all look for different things. The most important is the income per share. They have estimates and if they miss the estimates then lots of people sell the shares. There are lots of services out there that will give you the estimates. Finance is good. I listed an article that may help more.

Their income didnt beat analyst estimates. Besides, good income dont essentially means that the stock will go up. It depends on the trading volume.