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Wesco Stock Plunged This Week. Is the Drop a Buying Opportunity?
Wesco International (NYSE: WCC) delivered ugly year-end results and disappointing guidance about 2024 this week, causing investors to head for the exits.
With the stock down 23% for the week as of
Why Wesco International Stock Just Crashed 23%
Shares of electrical equipment supplier Wesco International (NYSE: WCC) tumbled 23% through 11:40 a.m. ET on Tuesday after the company reported big misses on both sales and earnings this morning.
Why Wesco International Stock Is Falling Today
Wesco International (NYSE: WCC) quarterly earnings fell short of expectations, and the company lowered its full-year revenue expectations. Investors were caught off guard, sending shares of the