Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Casella Waste Systems Stock Flopped on Friday

TheMotleyFool

0 0

Why Casella Waste Systems Stock Flopped on Friday: https://g.foolcdn.com/editorial/images/827807/concerned-young-person-with-head-in-hands-gazing-at-a-screen.jpg

Solid waste and recycling management company Casella Waste Systems (NASDAQ: CWST) was surely eager to start its weekend. On Friday, the company published quarterly results that were a dud with investors, who sent its share price down by more than 5%. That was more deeply in the red than the S&P 500 index's 1.6% dive.

Much of this was because of a fairly wide bottom-line miss in Casella's second quarter, the results of which were published after market close Thursday.

Image source: Getty Images.

Source Fool.com

Like: 0

CWST

Share