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

Upexi's (UPXI) Q4 2023 earnings surprise had a significant negative impact on its stock, resulting in a substantial decline of 32.95%. The earnings surprise, which was a negative $0.07 per share, indicated that the company's actual performance had fallen short of market expectations. This negative surprise likely led to a loss of investor confidence, resulting in the sharp drop in the stock's value.

|code|Ticker|Name|Date|Percentage Change|Percentage Change YoY|market_code|
|---|---|---|---|---|---|---|
|UPXI|UPXI.O|Upexi|20231002|-0.578|74.56769481233776|186|
|UPXI|UPXI.O|Upexi|20231003|-9.8837|-282.14101430045696|186|
|UPXI|UPXI.O|Upexi|20231004|5.8065|212.81109751121988|186|
|UPXI|UPXI.O|Upexi|20231005|1.8293|241.58668730650152|186|
|UPXI|UPXI.O|Upexi|20231006|-0.5988|-110.89242187215775|186|
|UPXI|UPXI.O|Upexi|20231009|-1.2048|-61.848468565287504|186|
|UPXI|UPXI.O|Upexi|20231010|5.4878|204.5295238095238|186|
|UPXI|UPXI.O|Upexi|20231011|-1.7341|67.13852567746827|186|
|UPXI|UPXI.O|Upexi|20231012|2.9412|-63.58999752413963|186|
|UPXI|UPXI.O|Upexi|20231013|-5.7143|-171.52083307258096|186|