The Traderszone Network

Published in TZ Latest News 15 November, 2016 by The TZ Newswire Staff

Dick’s Sporting Goods Inc. Fumbles — Why Shares Fell

Dicks Sporting Goods Logo
Image source: Dick’s Sporting Goods

Shares of Dick’s Sporting Goods Inc. (NYSE: DKS) dropped as much as 10% during the trading hours today before rebounding slightly for a 7% drop by the end of the day. Shares were falling because of the company’s Q3 earnings, which beat previously raised guidance, but showed a potentially week holiday season ahead. 

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