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Forum - Gurus Answer Questions    Gurus answer your questions about the art of trading.

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From: kidbr9 (Rep: 0)Date: 01/20/2017 16:48
Forum: Gurus Answer Questions - Msg #570Thread #673900916 (Rec: 0)
Help a New Understand Price Drops

Hello,

I joined about a month ago and really appreciate all the information here. But, I have a question I'm hoping someone can answer:

SGYP just got FDA approval on a drug, but the stock dropped. I'm VERY new to all of this, but one would think that development would mean the price would go up instead.

I know I'm asking about a specific stock, but why, in general, would something like this (good news) end up with this result (price falling)?

Thanks so much in advance!

NOTE: This message was originally posted on 2017-01-20 15:49:15 by the kidbr9.



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