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Kirby Corp. (KEX) Dropped To A 7-Month Low On Guidance News

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Kirby Corp. (KEX) announced around mid-morning Thursday that earnings for the year are likely to be at the low end of its previously announced guidance range of $3.85 to $4.05 per share.

Kirby Corp. spiked to the downside after the announcement and closed lower by 4.95 at $56.09, on the highest volume in over 3 months. The stock has been declining for the past 2 weeks and set a 7-month low.

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