Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Nautilus Stock Was Down on Tuesday

TheMotleyFool

0 0

Shares of Nautilus (NYSE: NLS) were down 12.1% at 10:12 a.m. EDT on Tuesday. The company released fiscal first-quarter earnings on Monday that beat revenue and earnings estimates, but it wasn't enough to please investors. After the stock soared in 2020, the stock is down 30% year to date, as investors brace for a slowdown following the pandemic. One analyst downgraded the stock to hold from buy, which probably fueled the sell-off even further.

However, there were some silver linings in the report that show the company doing better than the stock performance would suggest.