Why Heico Stock Is Falling After the Aerospace Supplier’s Earnings Beat Estimates
Heico stock is falling after the aerospace supplier's earnings beat estimates, possibly due to high expectations.
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Posted 8/29/2023, 1:20:00 PM
barrons.com
Relevant topic timeline:
Stocks fell on Thursday as strong earnings from Nvidia were overshadowed by comments from the Federal Reserve signaling that interest rates will remain elevated for a long time to combat inflation.
Disney stock is falling, on track for its lowest close since 2014, while Boeing is also dragging down the Dow.
Ambarella stock is dropping due to weak demand and customer inventory reductions, according to the chip maker's disappointing guidance.