Why McCormick Stock Was Moving Higher Today
Shares of McCormick (NYSE: MKC), the king of the spice aisle, were moving higher today after the company posted better-than-expected results on the bottom line in its fourth-quarter earnings report.
While guidance for 2024 implied weak growth, the stock had fallen to multiyear lows in October following its third-quarter earnings report, showing that expectations were low coming into the report.
As a result, the stock was up 3.6% as of 10:29 a.m. ET.
Source Fool.com
Mccormick & Comp. Aktie
70,34 €
0,80 %
Die Community ist gespalten bezüglich Mccormick & Comp., mit 3 Buy- und 3 Sell-Einschätzungen.
Ein leicht negatives Potenzial wird für Mccormick & Comp. mit einem Kursziel von 62 € im Vergleich zu 70.34 € gesehen.
