Sometimes Wall Street just confuses me. Well, OK. It usually confuses me. And, here is no exception. John Deere sales are up not only in the US and Canada, but worldwide. They had a 22% rise in Net but because they didn't meet analysts expectations, their stock fell about 6% in pre-market trading.
Did I get that right? They are doing well but stock declined??? Sometimes I wonder if most of the market is driven by computers with buy/sell programs or short-sighted investors.
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