Stock price movement is a function of the collective wisdom of markets. And its difficult to make out what moves the stock price.
But over a longish period of time say more than 6-12 months time frame, stock prices do tend to follow earnings.
In case of torrent market concerns may be related to the perceived lack of blockbuster molecules post these abilify, detrol and nexium. (I am not too sure what kind of concerns may be there in marketmen’s thoughts)
But as I have written somewhere else, I am not too bothered about these temporary gyrations in stock prices especially when I am not on the lookout to raise funds by selling the stocks. 
Usually the triggers for stock price rise esp sustained rise is sustained rise in earnings and high dividend payouts.
Both these triggers are still some time away.
Many a times its the positive surprise that moves stock prices. e.g better than expected earnings or order booking or any other kind of surprise that seems to be good news for the company
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