Union Pacific reports record first quarter

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Union Pacific reports record first quarter

Sounds great; why is the stock down 4.35% than?

You would think that good news would help the stock price.

Stock prices reflect more of the emotional attitudes of the traders in the exchanges than the realities of the day.

Congratulations for a job well done. It would seem that much of their track improvements are paying off.

You buy in rumor, sell on news.

Never missed a dividend, and if you buy low and sell high, you’ll be happy. Bought SP at 33, watched the BNSF runup, and sold at 65. I think I’ll buy more UP.