Even though it beat earnings, does it really drop by as much as 20% just because the guidance was worse than expected? Yesterday, someone posted it on a list of stocks with a good future outlook, so I looked into it, thought it looked decent, and was watching it to see if I should buy a small position...

Would it be okay to get in at around $160 for the future? Or would it be better not to jump in hastily because there must be a reason for it to plunge even further?

I would greatly appreciate the valuable insights of kind experts.