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Why Itron's Stock Is Crashing Today

TheMotleyFool

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On a day when the markets are rising, shares of Itron (NASDAQ: ITRI) are headed in the other direction. As of 11:15 a.m. EDT, Itron's stock is down 27.6%, recovering slightly from having fallen as much as 31.3% earlier in the day.

Besides its second-quarter 2021 earnings report, the company's updated guidance for the remainder of 2021 is leaving investors unenthusiastic about the stock today.

Image source: Getty Images.

Source Fool.com

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