As a newcomer to share ownership on a small scale I am puzzled by the reaction of the market to the annoucement of Tesco's bumper results for the past year. Their shares have fallen slightly at the time of writing? Yet the share price of other companies often seems to rise quite dramatically, somtimes just on the rumour of increased profitability or on just the hint of a possible take over bid? Any comments on why this should be so would be appreciated. Thanks.
- posted
18 years ago