Valley Wealth Managers Inc. and
Retirement Systems of Alabama have reduced their stakes in
Jabil Inc., selling 22,591 and excessively extensive number of shares respectively.
M&T Bank Corp and
Victory Capital Management Inc. have also reduced their stakes. At the same time,
International Assets Investment Management LLC and
Charles Schwab Investment Management Inc. have increased their position in the company.
Federated Hermes Inc. offloaded a significant number of shares, while
Mackenzie Financial Corp and
International Assets Investment Management LLC increased their positions. After a rollercoaster ride,
Jabil's stock was undergoing fluctuations; nevertheless, the
Q2 earnings beat estimates while the revenues missed. The stock soared near 20% on these earnings, yet it witnessed a dip upon weak market uptick and challenging sales outlook.
Jabil's CEO Kenny Wilson is on a paid leave pending investigation.
Jabil Stocks JBL News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 12 May 2024 20:50:56 GMT -
Rating 2
- Innovation 8
- Information 5
- Rumor -2
