News or Noise: Accretive Health's Dive

Updated

Recent accounting scandals have left a sour taste in investors' mouths, limiting their willingness to deal with anything that even hints at potential shenanigans. Today, Accretive Health shares were slammed after announcing a delay in reporting its quarterly financial results and withdrawing its prior guidance. Was the announcement worthy such a harsh reaction, or is there a good reason behind the delay? Follow along in the video below as Brenton Flynn runs through the news.

While you can certainly make gains trading on potential overreactions to sho-term news, a better investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.


The article News or Noise: Accretive Health's Dive originally appeared on Fool.com.

Brenton Flynn has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement