r/Zevra • u/Rogue1472 • 27d ago

Any insights into the drop?

I expected some drop despite the positive news just because of the blackout period being lifted but this seems pretty extreme for a stock with a price target at $25.

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u/kooky556 27d ago

I’m not concerned. Just initial knee jerk reactions to a sub par quarterly update. Still a solid stock with huge upside.

3

u/Glenmaxw 27d ago

It just missed Wall Street estimates by a bit. They thought earnings per share would be at $2.26, when it was at $1.21 . Don’t think anything of it imo, Wall Street is very unrealistic in essentially every aspect.

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u/Zealousideal_Rip6458 26d ago

Lol zevra drops on good news always. You should expect this as a trend