Jabil Inc (JBL) has had mixed performance in the stock market recently, with shares being frequently bought and sold by various entities, including Virtu Financial LLC, American Trust, Neo Ivy Capital Management, Grayhawk Investment Strategies Inc., State of Tennessee Treasury Department, Manufacturers Life Insurance Company, Cibc World Markets Corp among others. These moves have been influenced by several factors, ranging from expected earnings report, outperforming the broader market, to withdrawal of FY25 view. Jabil experienced a downtrend with CEO Kenny Wilson going on paid leave pending investigation, a Q2 revenue miss, and weak forecast. Nevertheless, it also showed resilience with gains when the market dipped. Certain assets management and investment firms, like CIBC and TD Asset management, increased their stock position. Amidst all these movements, it's crucial to keep in mind that Jabil was given a consensus recommendation of 'Buy' by brokerages. A noteworthy aspect to consider is Jabil's remarkable return over the past five years - a 342% gain for anyone who invested in them back then.
Jabil Stocks JBL News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 20:18:13 GMT -
Rating -1
- Innovation 4
- Information 7
- Rumor -2
