Corporate guidance is all about setting expectations. Why set them high when you can underpromise and overdeliver?
And that’s before the shares even get to the P in the acronym: the public. First there’s the “roadshow,” later, hopefully, the “pop.”
Harassment and assault cases can damage reputations and drag down stock prices.
Stock prices soared at the open of trading.
Shareholders like the practice, but is it good for the economy?
Multinational corporations can be hurt when profits are "lost in translation."