How did CCJ's Q4 2023 earnings surprise impact its stock?

Cameco Corporation's (CCJ) Q4 2023 earnings surprise had a negative impact on its stock, as evidenced by the decline in its stock price following the earnings release. The EPS surprise was -0.01, indicating a negative earnings surprise, which likely contributed to the stock's downward movement. The stock's price decreased by 7.53% to $37.83 on the date of the earnings release, and it continued to fluctuate downwards over the subsequent fiscal dates, with the lowest percentage change being -1.68% on March 28, 2024.