What's Up? Stock o' The Day

Before the markets opened, I was singing the praises of KLIC, which had very solid earnings.  They are getting their love, up about 3.5% right now.  But the stock du jour is actually WU, which also reported earnings.  They are up over 7% today. 

Check out their headlines, never a good gauge:

• Western Union profit falls 27 percent as competition bites
• Western Union Profit Falls 27% on Lower Transaction Fees

Pretty funny!   I suspect the truth in their performance today is from this headline:

• Western Union (WU) Earnings Expected to Dip

Taking a quick look, I think the key was that they re-affirmed guidance and that they commented that they view this as a transitional year and will begin growing again in 2014.  Those comments are essentially taking WU back to where they were about a year ago.  This is probably a textbook MFI example of how the market went negatively nuts over what is looking like a short term bump in the road for a mature stock.  Quick test.  Look at the one year chart. Can you identify where the market went negatively nuts?