IFM share price fell by 9% today at the time of writing with market up by .5%(2 June 21). IFM came out with a report that Simple Part acquisition was complete. The company also decided to give out qualitative assessment on organic growth and painted a somewhat rosy picture for FY22. In addition it stated revenue of $95-$96 million and EBITDA of $19 -$20 m. This is the 3rd time the company has come out with such sums. Bell Direct recommended on on 1 June with heading ‘Gaining momentum Price $1.50, Price Target $1.8, down graded from $1.9) . Bell stated that revenue as b/w $95m – $96m (vs BP forecast of $96m) and EBITDA $20 -$21m (vs BP forecast of $21). My query is: (1) Is it a normal practice for investors to react in this manner (9% fall) (2) Are companies obliged to come out with quantitative revisions especially with not a very big change in values. (3) Would the share price have fallen much further if the market was down by .5%.