Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of business advisor Corporate Executive Board
So what: This morning's second-quarter report didn't exactly inspire confidence in CEB. Sales rose 8.8% year-over-year to fall just short of Wall Street estimates, while earnings dropped by about 10% and missed analyst targets by 20%.
Now what: Even after this huge drop, CEB still trades at a very generous premium to rivals Korn/Ferry International
Interested in more info on Corporate Executive Board? Add it to your watchlist.