Atkore stock plunges after CEO retirement announcement, revenue miss

MSN
2025.08.05 17:45
portai
I'm PortAI, I can summarize articles.

Atkore's stock plummeted by 27% to a four-month low following the announcement of CEO Bill Waltz's retirement and a significant revenue decline. The company's third-quarter net sales of $735 million fell short of Wall Street expectations, contributing to the stock's sharp drop.

Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.