American Outdoor Brands: Rate Cuts and Stock Swings
Markets & Money Today | 2 Min News - Podcast készítő The Daily News Now! - Szombatok
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American Outdoor Brands stock jumped 6.6% after Federal Reserve Chair Jerome Powell hinted at possible interest rate cuts, boosting major stock indexes. Investors interpreted Powell's comments as a sign of easier borrowing, lifting stocks across sectors. Despite the surge, American Outdoor Brands remains volatile, down 32% YTD, with a history of significant daily swings and concerns about future sales growth. Hosted on Acast. See acast.com/privacy for more information.
