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Earnings momentum surging for NEWP but stock down on 200 point day

|Includes:AAPL, CRUS, CTXS, FFIV, MSTR, Newport Corporation (NEWP), WDC

August 02, 2010 - RELATED TICKERS: (NEWP)

very dissappointing for a stock that last qtr earned .14 eps, this qtr earned .22 eps and estimate is for .24 eps for next qtr and .27 eps for the following qtr yet the stock is down on profit taking after it beat last week and raised guidance.

 

(NASDAQ:NEWP) down -0.47/shr to $12.26

Stocks: NEWP, CTXS, FFIV, WDC, AAPL, CRUS, MSTR