Why These 2 Stocks Sank on Wednesday
Although no investor should buy or sell exclusively on the basis of a stock's latest quarterly earnings report, these results matter. Looking at and behind the numbers can reveal crucial strengths or weaknesses in a company's business model, and provide clues as to its future prospects.
With that firmly in mind, let's take a look at two top stocks that got rocked on Wednesday due in great part to their earnings releases. What do their respective performances indicate about their worth as investments?
Image source: KFC (Yum! Brands).
Source Fool.com