Two days, and two tech companies are getting hit. Not because their numbers look bad or anything. But it’s looking like sell in may and go away is going to hold true this year too.
Intel announced yesterday, and of course folks didn’t like they didn’t meet “whisper” numbers.
QC just announced, and WS didn’t like that their Q3 outlook is coming in lower than expected.
Other than that, fundamentally both companies did well. But hey, that’s they roulette wheel for ya.
coincidentally, I’m seeing more inventory available in carmel valley… I’m kidding…sort of.