Karooooo Shares Fall 8.5% After Second-Quarter Earnings Miss
Shares fell 8.5% to $56.82 in after-hours trading Monday after adjusted second-quarter earnings missed Wall Street expectations. The stock had closed up 2.9% at $62.10 and was up 36% through the close.
By Elias SchisgallKarooooo Limited shares fell after the company's adjusted earnings in the second quarter fell short of Wall Street's expectations.Shares fell 8.5% to $56.82 in after-hours trading on Monday. The stock closed up 2.9% at $62.10, and was up 36% through the close.The technology compan…