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 Chinese IT services company Camelot Information Systems
So what: On Friday, Camelot's shares were popping after the company reported better-than-expected revenue and gave earnings guidance above analysts' estimates. Interestingly, though, shares lost most of Friday's gains and ended the day with a very meager return. The news today isn't quite as notable as Friday's but seems positive nonetheless. Goldman Sachs
Now what: Since the news for Camelot directly seems anything but bad, we're left to speculate on why investors may be running for cover. One possibility is the fallout from the blowup at Longtop Financial Technologies
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Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or Facebook. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.