2 Falling Stocks to Keep Your Eyes on Wednesday
Wall Street has generally had a pretty good response to earnings season thus far. Even though stock market indexes have wrestled with pressure from high interest rates, corporate financial performance has generally been resilient in many cases.
However, just because businesses perform well doesn't always mean that their share prices will go up after quarterly financial reports. Indeed, both Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Visa (NYSE: V) suffered modest declines on Wednesday morning despite reporting solid results in their most recent quarters. Here are the details you'll want to see.
Shares of Alphabet were down 6% early Wednesday. The move lower came despite what appeared to be strong performance across much of the Google parent's business segments.
Source Fool.com
Alphabet Inc. A Stock
With 94 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 180 € there is a slightly positive potential of 13.21% for Alphabet Inc. A compared to the current price of 159.0 €.
