Costco’s Earnings Beat Estimates. Why the Stock Dipped
Costco Wholesale Corporation (NASDAQ: COST) recently reported quarterly earnings that surpassed Wall Street’s expectations on both revenue and profit. Yet, despite the strong results, the stock saw a modest dip in after-hours trading and the following trading session. This paradox—solid earnings leading to a drop in share price—has puzzled some investors. However, a closer look reveals that market reactions are […]