Hibbett Stock Declines 8% Amid Earnings and Guidance Miss
Friday, 15 March 2024, 10:43
Hibbett's Stock Decline
Hibbett's stock recorded an 8% decrease following the release of its earnings and guidance that fell short of market expectations.
Investor Reaction
- Investors reacted negatively to the news, leading to a sharp decline in the stock price.
Concerns were raised regarding the company's performance and future prospects.
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