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What Went Wrong for TSLA, FIT, and PCLN in Earnings Season?

Today’s video takes a look at three companies that reported earnings and have not performed very well as a result.

Stocks have been down lately but things have gone especially poorly for a few choice companies this earnings season. And it is pretty surprising for several since they actually had good reports for the most part. So if you can’t surge when you have a good report, then what gives?

Well for the most part, lackluster guidance was at play and it was the primary reason for the struggles in many stocks lately. In particular though, Tesla (TSLA), Priceline (PCLN), and Fitbit (FIT) were impacted by this trend.

Fitbit was arguably the worst of this recent issue, as the company thoroughly crushed earnings estimates, beating expectations by 175%. FIT also raised their...