Reported 1 day ago
Brown-Forman's stock plummeted by 17% to $27.80 following its fourth quarter earnings report, which revealed an earnings per share of 31 cents compared to 56 cents the previous year. The company has also forecasted a decline in fiscal year 2026 organic net sales. Meanwhile, Boeing reached a $1.1 billion settlement to avoid criminal charges related to 737 MAX crashes, and oil futures have seen an increase as economic uncertainties continue to affect investor sentiment.
Source: YAHOO