Shares in Hurco Companies Inc. (HURC:NSQ) fall 2.92% in week ending May 28

Public Policy
Stock market 10 edited

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Shares in Hurco Companies Inc. (HURC:NSQ), based in Indianapolis, fell on Wall Street in the week ending May 28.

The lowest share price reached in the week was $26.3 compared to a high of $27.09.

Hurco Companies Inc. in Indianapolis employs 706 people and has reported $9,530,000 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Share price of Hurco Companies Inc. stocks in the week ending May 28

DateShare Asking Price
May 27$26.3
May 26$26.78
May 25$26.41
May 24$26.39
May 23$27.09

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS