AutoZone stock on pace for worst trading day since March 2020, despite retailer beating Wall Street estimates

Coronavirus

AutoZone Inc. stock was on track Tuesday for its worst trading day in more than six years despite the retailer beating Wall Street's estimates for its third-quarter fiscal results. AutoZone stock was off by more than 10% during intraday trading Tuesday, putting it on pace for its first double-digit daily decline since the onset of the Covid pandemic in March 2020. The company reported earnings per share of $38.07 for its latest fiscal quarter compared with $36.28 per share expected, according

Tag-uri: Coronavirus