It's Monday November 22nd, welcome to Marketfoolery, I'm Chris Cell with me today, Jason

Mouser.

Good to see you.

Good to see you, and Gobble Gobble, happy Thanksgiving week, I'm already so excited

I can smell the turkey, Chris.

Yes, I am the same, I am the same.

But in the meantime, before we get to the turkey, we have a potential merger in the beverage

industry, and it looks like Jay Powell is going to be keeping his job, but we're going

to start with the stock of the day.

Sarant's the automotive AI company wrapped up its fiscal year with fourth quarter profits

in revenue higher than expected, but the guidance for 2022 is sending shares of Sarant's

down 20% today.

How bad is this guidance?

Well, I'm glad you brought that up because that is the reason for the selling.

And it's not as bad, I think, as the market would have you believe, but yeah, the stock

is down due to guidance, if you look at the guide for the quarter of 91 to 96 million dollars

in revenue, the market was expecting something more in the neighborhood of 100 million dollars.

And it's also on the lower end for the full year.

Not by much, but enough to where, listen, if you have a stock price based on a certain level

of expectations, when those expectations change, the stock price is sure to follow, particularly

with these growth stocks that aren't keying in necessarily on profitability as much

in the near-term as they build out the business.

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