Core & Main’s stock drops 13% as earnings and revenue fall short

Core & Main Inc.’s stock fell about 13% on Wednesday after the St. Louis-based water, wastewater and drainage-supply distributor’s earnings fell short of analyst estimates and warned that “significant weather disruptions” have impacted its business.

Previous post Fed’s Bostic: Economy is ‘losing momentum’ but there is no sense of looming crash or panic from business leaders
Next post Volvo backtracks from plan to sell only electric vehicles by end of the decade