Markets.com chief market analyst Neil Wilson says Inc () shares took a hammering in after-hours trading following a revenue miss and an earnings call that left investors sweating.
Shares dipped by 24% at one point as the company advised that revenues would continue to slow down and costs rise.
On () Wilson says the results were very positive but despite very strong free cash generation and a fresh £2bn buyback shares fell as investors decided to take profits.
He also takes a look at () as well as Sky PLC () reporting a strong uplift in earnings and customer numbers.
Meet Carnarvon Petroleum Ltd, Bass Oil Ltd, High Peak Royalties Ltd, Global Energy Ventures Ltd and Po Valley Energy Ltd at our event,
Melbourne , 12 March 2019.
Register here »