SYMC is favoring a widening pattern in its post-earnings share performance. Shares have outpaced their evening move in 16 of the last 23 quarterly reports. That trend is more pronounced lately; the stock has widened in nine straight quarters.
On Oct. 28, 2009, the stock was up 5.2% after a Q2 beat, but mixed Q3 guidance. Shares rose 12.7% the next day.
On July 29, 2009, SYMC declined 7.3% in after-hours trade after missing Q1 expectations and setting its Q2 guidance below the Street view. The stock was hammered lower the following day, ending down 14.2% on July 30.
On May 6, 2009, SYMC slumped 4.5% in after-hours trade following better-than-expected earnings, missed revenue results, and mixed guidance. The stock added to its downside in the May 7 regular session, ending down 14.8%.
On Jan. 28, 2009, the stock gained 3.5% after beating with Q3 results and guiding in line for Q4. Shares were up 5.6% the next day.
On Oct. 29, 2008, the stock fell 6.8% during evening trading after SYMC beat with earnings but was shy with sales. The loss swelled to 17.6% the next day.
On July 30, 2008, the stock gained 5% during extended-hours trading after SYMC beat with Q1, guides in line to above Street for Q2. The stock gained a more robust 7% the next day.
On April 30, 2008, the stock gained 4.3% during evening trading after beating with Q4 results and guiding above the Street for Q1. The gain swelled to 12.3% the next day.
On Jan. 23, 2008, SYMC jumped 9.1% in evening action after topping Q3 estimates and guiding higher. It firmed further north the next day, advancing 10.9% by the closing bell on Jan. 24.
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