6 12, 2023

Shares of Box Fall 8% on Weak Earnings and Outlook, Is It Time to Sell Though?

By |2023-12-07T19:46:54+00:00December 6th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Box Inc. (BOX) shared fiscal third-quarter earnings alongside sales guidance for the remainder of the year late Tuesday that left much to be desired in the eyes of investors.  A corresponding sell-off sent shares more than 13% lower in extended trading. They’ve settled at around an 8% loss so far this Wednesday morning. The [...]

30 08, 2023

Box Drops 9% on Weak Earnings and Outlook: Is it Time to Sell This Stock Or Will Things Turn Around?

By |2023-12-07T19:53:33+00:00August 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , |

Shares of Box Inc. (BOX) fell more than 9% when the market opened Wednesday. The company reported second-quarter earnings yesterday after hours and the results were anything but positive. While revenue did climb 6% to $261.4 million, this was only a hair above the analyst consensus of $261 million. Meanwhile, net income of $10.8 [...]

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