Stocks React to Fed Commentary and Bond Yields, Making Moves After Hours
TL;DR Summary
WD-40 stock rose 4% in after-hours trading after reporting strong fiscal third-quarter results, with net sales up 15% and net income up 30% year over year. The company's CEO expressed confidence in its ability to perform well in the long run. On the other hand, PriceSmart stock fell 5% in after-hours trading despite announcing a stock buyback program and reporting solid financial results, including a 6.4% increase in total revenue and a 65% increase in adjusted net income. Investors were looking for stronger evidence of a recovery from the warehouse retailer.
- These 2 Stocks Were Making Moves After Hours Monday The Motley Fool
- 5 things to know before the stock market opens Monday CNBC
- How major US stock indexes fared Monday 7/10/2023 | Stock Market | lancasteronline.com LNP | LancasterOnline
- Stocks Are Mixed as Investors Digest Fed Commentary Barron's
- Stocks Climb as Bond Yields Fall on Signs of Lower Price Pressures Barchart
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 4 min read
Condensed
85%
607 → 91 words
Want the full story? Read the original article
Read on The Motley Fool