Motorola Gaps Up on Earnings: A Historic Look At Earnings Day Performance

Oct.25.07 | About: Alphabet Inc. (GOOG)

Motorola (MOT) is currently trading up 70 cents in the pre-market after beating earnings estimates and guiding higher.

Looking at their historical reports from the Bespoke Earnings Database, we found that the average change from the open to the close when the stock gaps higher on earnings is -1.74% (based on 24 reports going back to 2001). Traders typically sell into strength on positive reports from Motorola.

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