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Strategies & Market Trends : Charts for Breakout II

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To: Rarebird who wrote (8093)11/9/2021 3:13:54 PM
From: Rarebird   of 8531
 
Go figure. MIDD reported and missed both EPS and Sales by a very nice margin. I thought I was in for a bloodbath. The company blamed the misses on supply chain bottlenecks and inflation. HA HA. What else is new? Stock opened down 4 % and quickly turned around. Now up 2%. MiDD did say demand was strong and there is a backlog of orders.

Seems like the market cut MIDD some slack.

Interesting.
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