Sun 11/19/2017 03:34 ET
DJIA23358.24100.120.43%SOLAR24.550.140.57%GOLD1294.3916.181.25%Shanghai3136.7734.501.10%
S&P 5002578.856.710.26%BANKS26.160.020.08%OIL56.611.472.60%Nikkei22420.08417.011.86%
NASDAQ6782.7910.170.15%SEMI103.251.621.57%US/EU1.180.000.11%Futures2576.258.750.34%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Gurus Answer Questions    Gurus answer your questions about the art of trading.

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  
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.



What would you like to do? Message: Endorse | Bookmark | Report AbuseUser kidbr9: Reward | Watch | Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.