Re: Stock matket is utter bullshit
a share in a company is just that, a share (although usually a very small share).
The value of such a share, is not just the pile of "whatever" it is sitting on today, but also the expected amount of "whatever" that the company will be expected to find/produce/develop/earn tomorrow, the day after, and years from now. It also includes such things and "stuff" that it owes other companies and banks.
Financial Analysts try to predict what people (individual investors, funds, traders, etc) will be willing to pay at a given point in the future (a financial analyst predicting the current share price wouldn't be much use), given what they know of the size of the current pile, and the expected growth/shrinkage of that pile. And also what kind of crazy is in the head of the market traders at that point in history (are they pessimistic or optimistic about the future - will a fall in shareprice cause lots of people wanting to buy, because they think they will make more money when the shareprice jumps up again, or will more people want to sell than buy, because most of them thinks that this is it, the shareprice will be heading south for years based on such things as the direction of the economy, joining or leaving trade blocks, competing technologies, etc).
However, people with their many reasons for buying and selling shares don't always behave the way that the analysts predict, and sometimes the underlying assumptions that the analysts calculate from are also wrong. (In fact, any individual investor who reads up on current value and future value and decides that a share will likely be worth more or less in a months time than it is now, are themselves an analyst).
In this case, we knew the size of the pile from a few months ago, and financial analysts thought they had a rough idea as to how much the pile had grown since then. turns out, they were very close in guessing. Meanwhile however, investors had gone ahead and assumed that the pile was actually even bigger. And they (the market) had been buying and selling shares under the assumption that it would be bigger (some thought it would be less, some thought it would be more, and averaged out they thought bigger than it turned out to be).
When it turned out that the analysts were roughly on the ball, but that the market price (set by the sellers and buyers of said share) had been a bit too optimistic, the share price "self-corrected" to be in line with what the actual value of a share was (this "self-correcting" is what the market does - its what makes prices go up and down). You could argue that the "actual" value of the share was always correct - as it always had and always will include assumptions of the future, but I digress.
That is the (very simplified) reason why the shareprice went down, despite the company roughly meeting analysts predictions.