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Archive for 'Reader Mailbag'

Reader Mailbag: MSFT miss Penny Wise $2 Foolish

Our reader Jack asks us if Microsoft trading down almost $2 after missing estimates by just a penny is an overreaction?
We don’t believe it’s the penny that has Wall Street upset. Management guided expectations down by about 3 cents for its next quarter. Microsoft used to be the master of managing expectations and beating the […]