Why Calix Stock Dived 26% Lower Today

While quarterly earnings beats are usually happy events, they don't always result in immediate share price gains. That was the situation with specialty tech stock Calix (CALX -25.70%) on Tuesday; despite an earnings report that was impressive at first glance, investors were troubled by what the future might bring. As a result, they traded out of the company's shares to the point where the stock lost nearly 26% of its value.Top and bottom-line beats for the fourth quarterAfter market hours Monday, Calix unve ...