3 Stocks to Dump After Disastrous Q2 Earnings Results
Arm plc(ARM) Investor Place·2024-08-04 21:00
Earnings season for this year’s second quarter rolls on. And while the results have been largely better than expected, some prints have been real doozies. Certain companies have seen their share price fall by 15% or more in a single day after they delivered financial results and guidance than fell short of Wall Street expectations.According to data from FactSet, a little more than 4o% of companies in the benchmark S&P 500 have reported Q2 results. Of those, 78% have beaten their profit targets and 60% have ...