Sodastream International Ltd SODA stocks were halted before the market open Tuesday after negative preliminary earnings results were reported.
The company’s revenue is hovering around $125 million, almost 20 percent less than the Capital IQ estimate of $153 million.
Financial pundits took to Twitter with their varied reactions.
There were quite a few comparisons to what happened when GT Advanced Technologies Inc GTAT announced bankruptcy on Monday:
In case there wasnt enough post facto causal attribution or rubberneck post-mortem with $GTAT yesterday, here's $SODA pic.twitter.com/Ij8B6mC4ZW
— Andrew Kassen (@andrewunknown) October 7, 2014
Perhaps $SODA will declare an emergency surprise bankruptcy too, just like $GTAT. One can only hope of such things
— The_Real_Fly (@The_Real_Fly) October 7, 2014
What if $SODA is next $GTAT? They have already been rumored with $KO $PEP $SBUX .... who is left? How will mkt react?
— Greg Harmon, CMT (@harmongreg) October 7, 2014
Many had a pessimistic view on Sodastream:
No $SODA takeover. But awful sales guidance. I don't think this stock will "pop" once it resumes trading.
— Paul R. La Monica (@LaMonicaBuzz) October 7, 2014
Congrats to @AlderLaneeggs for the right call: $SODA a disaster.
— Herb Greenberg (@herbgreenberg) October 7, 2014
No one drinks $SODA anymore. This isn't 1991
— The_Real_Fly (@The_Real_Fly) October 7, 2014
$SODA getting smoked this morning, no position on
— KeeneOnTheMarket.com (@KeeneOnMarket) October 7, 2014
But others were somewhat optimistic:
this sodastream getting crushed is so nice. Look at this thing: $SODA pic.twitter.com/uZgu2AhqEC
— J.C. Parets (@allstarcharts) October 7, 2014
can't wait to see the breakdown of the $SODA miss. if the intl biz held up, there's more digging to do here.
— Aron Pinson (@MicroFundy) October 7, 2014
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