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The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
Fastenal marginally beat quarterly profit estimates, driven by strong demand for safety products. Despite disruptions caused by Hurricane Helene, Fastenal’s revenue rose, leading to a surge in its share price. The company’s earnings per share of $0.52 exceeded expectations, with revenue hitting $1.91 billion
+8.92% closed: 2024-11-08
Reasons are not apparent
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-4.72% closed: 2025-04-12Price Hikes
+9.77% closed: 2024-10-23Fastenal marginally beat quarterly profit estimates, driven by strong demand for safety products. Despite disruptions caused by Hurricane Helene, Fastenal’s revenue rose, leading to a surge in its share price. The company’s earnings per share of $0.52 exceeded expectations, with revenue hitting $1.91 billion
+8.92% closed: 2024-11-08
Reasons are not apparent
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