May. 14 at 9:11 PM
$GLOB up 5.49% AH on a Q1 that printed inline, Q2 guide a hair light on sales, and FY affirmed, which is apparently the new bull case for a stock down 43% YTD and 75% off the 52-week high. the entire pitch tonight is "we didn't lower the year," and the tape is treating that like a beat. 2.1x average vol on the RTH session so the real reaction already happened in regular hours, AH is just the leftovers. honest take, this is a relief bounce in a name nobody's wanted to own for three months, not a turn. fade by Friday's open, fight me.
