Why Casey's General Stores Inc Stock Tumbled Today
Shares of Casey's General Stores (NASDAQ: CASY) took a spill Tuesday after the convenience-store operator posted disappointing results in its second-quarter earnings report. Casey' missed bottom-line estimates as growth in the key prepared-food segment was not as strong as management had projected.
As a result, the stock closed down 11.6%.
Image source: Casey's General Stores.
Source: Fool.com