Crown Holdings Shares Fall 5.8% After Fourth-Quarter Profit Guidance
Crown Holdings shares fell 5.8% in premarket trading after the company issued fourth-quarter profit guidance below Wall Street forecasts, overshadowing stronger-than-expected third-quarter results.
Shares of metal packaging products manufacturer Crown Holdings (NYSE: CCK) fell 5.8% in premarket trading after its fourth-quarter profit guidance came in below Wall Street forecasts, overshadowing stronger-than-expected third-quarter results. The company disclosed the guidance in a press release.