Earning Reports usually have correlative impact on stock pri...

Earning Reports usually have correlative impact on stock prices as well performing companies with good earnings at most times would be perceived as quality stocks and investors may benefit from the seemingly positive outlook with value share. However, market has its way somehow, and my experience with $Pfizer(PFE.US)$ is truly eye-opening. With outstanding earnings, coupled with the fact that vaccines are still in strong demand worldwide and we are not out of the wood from the pademic yet, the share price of this stock plummeted all the way. So, Earning Reports most probably will give you some insight, but it alone should not be 100% dependable. Must research from other aspects as well to get the full picture.