Why Tilray and Crocs Made Big Moves Monday
The carnage on Wall Street continued on Monday, following up on a poor first week of 2022. As of just after noon ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 483 points to 35,749. The S&P 500 (SNPINDEX: ^GSPC) had dropped 78 points to 4,599, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had fallen 323 points to 14,613.
Earnings season is just about to begin, and already, investors have gotten some readings on how things are going to start the new year. Tilray (NASDAQ: TLRY) came out with results that investors seemed to find promising, but Crocs (NASDAQ: CROX) wasn't quite able to live up to high expectations despite indicating growth rates that most companies would love to have. You'll find all the details below.
Image source: Getty Images.
Source Fool.com
