May. 21 at 5:50 PM
$DIA just dropped their Q2–Q4 numbers: Net Sales up 4.7% to
$13.3B, but Operating Profit down 3.1% to
$2.2B, margin sitting at 16.7%. Not terrible, but traders clearly don’t like the margin contraction.
$DE is getting hit hard — down 7% intraday — as the market reacts to the squeeze on profitability. When you see sales rising but profit falling, algo traders and momentum funds often take this as a sell signal, and it can cascade fast.
Watching
$DE closely for oversold bounce zones, but this one could stay volatile while sentiment digests the earnings.
