Box Drops 9% on Weak Earnings and Outlook: Is it Time to Sell This Stock Or Will Things Turn Around?

By |2023-08-30T18:38:26+00:00August 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Shares of Box Inc. (BOX) fell more than 9% when the market opened Wednesday. The company reported second-quarter earnings yesterday after hours and the results were anything but positive. While revenue did climb 6% to $261.4 million, this was only a hair above the analyst consensus of $261 million. Meanwhile, net income of $10.8 [...]