I've always marveled at the stock market method of handling news. Today was no exception.
"back in the day" we'd have terrific earnings, and within minutes the stock would get tossed. Someone else, say DEC, would announce layoffs and the market was thrilled that they'd be reducing costs, never mind that their stuff didn't sell.
You've seen this time after time -- bad news gets stock to rise, and vice versa so often it doesn't surprise
So here's the story today