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I'm new to investing and hoping someone can help explain why prices move as they do. I have chosen three stocks to invest in, one of which is XETA. 2 of the three stocks beat earnings estimates and one met estimates. All 3 proceeded to fall fairly significantly in price. On the other hand I was watching a stock that came in at .38 a share instead of the estimated .40 and it opened up $4.00 a share higher. Go figure. I was under the understanding that earnings was the chief driving force behind stock price among many other factors. Someone help me out here. REC.
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