Charter's surprisingly resilient earnings cause short-covering rally Charter's fundamentals on display Just as the 16% crash after the Q4/23 earnings release was an overreaction, I think Friday's rally was no different, just in a different direction. Short sellers were caught wrong-footed and hastily covered their bets, causing the price to overshoot on the upside. Over the next few months, the market will likely return to ignoring much of Charter's solid fundamentals and instead focus on short-term headwin ...