2 Stocks Trading Lower After Earnings
If you're on the hunt for stocks trading lower, earnings season is a great time to look. While some stocks may surge higher or even trade evenly after their earnings releases, there are some that dive lower. When this happens, the big questions are "Why?" and "Is this a buying opportunity?"
Two interesting companies that saw their stocks fall after earnings recently are New York Times (NYSE: NYT) and Tesla (NASDAQ: TSLA). Here's a look at why each stock fell, and what their lower stock prices mean for investors.
Source: Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 75 Buy predictions and 28 Sell predictions.
As a result the target price of 246 € shows a positive potential of 32.14% compared to the current price of 186.16 € for Tesla Inc.