Weakest Profit Surprises in a Year Spur Punishing Stock Reaction
US earnings have been far from reassuring to date, with companies serving up the fewest positive surprises in a year. That’s triggered the sharpest negative stock reaction for decades.
By Michael Msika, Rose Henderson · Bloomberg Markets
US earnings have been far from reassuring to date, with companies serving up the fewest positive surprises in a year. That’s triggered the sharpest negative stock reaction for decades.