Snap-on Shares Fall Nearly 10% After Third-Quarter Results Miss Targets
Snap-on reported third-quarter earnings and sales below Wall Street expectations. Its shares fell nearly 10% to $333 in premarket trading Thursday.
By Rob CurranShares of tool maker Snap-On fell premarket after it posted third-quarter earnings and sales short of Wall Street expectations.Shares fell almost 10% to $333 in premarket trading Thursday.The Kenosha, Wis., maker of premium tools such as the Flank Drive wrench said profit was $243 mill…