I am following Bohoo and ther shares have been climbing what I want to know is why do the shares drop when the company has just posted double growth over the year profits beat the predicted forecast
Can any one explain this .is it people taking profit now ? You would think that they would go up not down
When the company raised its forecast during the year the shares rose but yet when the actual figures come out and are better than expected they drop
Very confusing .
I am new to this and any info would help
I have also seen this happen with other companies I watch