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Netgear's Q1 Surprise Didn't Matter: Investors Hate Uncertainty

TheMotleyFool

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Netgear's Q1 Surprise Didn't Matter: Investors Hate Uncertainty

Network-equipment maker Netgear (NASDAQ: NTGR) reported first-quarter results on Wednesday evening. The company crushed its own guidance and Wall Street's expectations, but also withdrew every trace of financial guidance due to the uncertainty caused by the COVID-19 crisis. Market makers were quick to focus on the downside of that coin, sending Netgear's stock price sharply lower.

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Q1 2020

Source Fool.com

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