Why NCR Corporation Stock Lost 14.5% in October
NCR Corportation (NYSE: NCR) stock fell 14.5% in October according to data provided by S&P Global Market Intelligence. Shares dipped following the release of its third-quarter results that arrived with a lowered full-year earnings outlook.
Image source: NCR Corporation.
NCR's October 19 earnings release saw it deliver earnings per share of $0.93, which topped the average analyst estimate of $0.90, but a downward revision for its full-year targets weighed on the stock.
Source: Fool.com
