9 Min Read
Revenue rose 45%, guidance went up, and the stock fell 20% in a single day. The reason was not in the headline but in the cash flow statement: annual free cash flow fell from $207 million to $4 million.
10 Min Read
Cisco posted the biggest quarter in its history and lost $41 billion of market value in a day. Memory makers surged in the same session. Both moves traced back to the same number.