Cree Inc (CREE) Beats, Posts Big Growth, But Traders Sell The News
Posted on April 20, 2010 at 16:22 PM EDT
Cree Inc (CREE) is selling off in after hours trading more than 5% as traders “sell the news”.  A big quarter was already priced in and traders are taking some profits.  CREE beat both the consensus estimate of .44/share and the whisper number of .46 by posting a non GAAP EPS number of .47/share on [...]
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