Why Casey’s Is Drifting into the Red Today
The Iowa-based Casey’s General Stores’ (CASY) stock is deep into the red this morning after the company’s top and bottom lines missed expectations. It traded at $91.50 at 9:55 AM ET, down 5.05% from the previous day’s closing price. The company reported its results for the fourth quarter—which ended on April 30—before the opening bell this morning. Snapshot of results