On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said the company's guidance was somewhat conservative, which is causing the selling pressure.
However, he argued the revenue guidance didn't seem conservative, and investors should at least wait to hear the conference call before selling the stock.
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Zulily (ZU) shares are also selling off on Thursday, despite beating on revenue and earnings estimates. Cramer said that high-multiple stocks must have strong results or these types of selloffs will happen.
"Zulily is a very good company" but investors may have issues with its spending, he concluded.
-- Written by Bret Kenwell in Petoskey, Mich.