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 print management company InnerWorkings (NASDAQ:INWK) jumped as much as 12% briefly in early trading today after the company released mixed fourth-quarter results.

So what: Investors were happy with top-line results that grew 22% from a year ago to $245.6 million, above the $225 million estimate. The bottom line wasn't as impressive where the company lost $0.02 per share, a penny below estimates, and predicted $0.23-$0.27 per share in earnings for 2014, below the $0.29 estimate.  

Now what: Bottom-line results weren't significantly below estimates so the top-line performance got more attention than that miss. What concerns me is that InnerWorkings is still hovering just over breakeven over the past year and can't seem to gain a lot of traction on the bottom line. With shares trading at 30 times the top end of management's estimate, I think shares are just too expensive and would wait to see better bottom-line results.