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He said Wednesday's confusion was largely driven by "overreaction" from Wall Street that he said was a common occurrence whenever traders acted on "fragmentary information about which they have little knowledge".
The herd mentality, driven by overreaction to some serious missteps, has knocked Palm's stock price down by more than 90% from its 52-week high.
Similar(58)
The conflicting views of what took place this week -- a vigorous response to a looming danger, or a knee-jerk overreaction driven by political calculations as much as practical ones -- may be impossible to reconcile, given that much of the intelligence that has been disclosed is murky, and that presumably there is more that remains hidden from public view.
Probably driven by talking dogs.
"We're driven by competition".
He was driven by ambition.
We're driven by that".
I'm driven by that.
Both are driven by numbers.
We're driven by hope.
They were driven by turbines.
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