Winning isn't enough these days.
More than a few tech darlings delivered better-than-expected results, only to get pounded.
Yahoo!
Netflix
There's more to these stories, naturally. Yahoo! frightened investors by posting a marginal dip in revenue. Netflix suffered from high subscriber acquisition costs and the shrinkage of average revenue per subscriber.
There was also justice elsewhere. eBay
Sometimes it's more about how you turn than what you earn.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
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IMAX
(Nasdaq: IMAX) is going from a movie house to a BRIC house. The company behind the mammoth-sized movie screens inked deals this week to expand its reach through China and Russia. The first Chinese film remastered for IMAX also opens in Chinese locations this weekend. - Potential buyers continue to drop out of the RadioShack
(NYSE: RSH) sweepstakes, so crack that piggy bank. You may get the small-box consumer electronics retailer by default. - Finally, kudos to E*TRADE
(Nasdaq: ETFC) for posting its first quarterly profit in three years. Talk about a "buy and hold" strategy!
Until next week, I remain,
Rick Munarriz