Why Diageo Stock Cratered This Week
(NYSE: DEO) released its semi-annual financial update this week, and the results had investors bailing on the stock. Shares of the global alcoholic beverages company sank 10.8% this week, according to data provided by S&P Global Market Intelligence.
The results weren't what the company had previously expected, either. Now, management has lowered its guidance and cut the dividend. That sums up why investors decided to sell shares this week.
Source Fool.com
Diageo plc ADR Aktie
65,00 €
-2,26 %
Die Diageo plc ADR Aktie ist etwas beliebter: Mehr Buy- (3) als Sell-Einschätzungen (1).
Die Community erwartet für Diageo plc ADR ein Kursziel von 99 €, was eine Steigerung von über 50% gegenüber 65.0 € bedeuten würde.
