Wells Fargo Aktie
WKN DE: A1W3C7 / ISIN: US9497465560
12.07.2024 18:26:22
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Why Wells Fargo Stock Is Falling Today
Banking giant Wells Fargo (NYSE: WFC) reported earnings results today, surpassing quarterly expectations, but its full-year guidance underwhelmed. Investors are viewing the glass as half-empty, sending Wells Fargo shares down 7% as of 11 a.m. ET.Wells Fargo has done a good job rebounding after a difficult period, but the higher-for-longer interest rate cycle has weighed heavily on banks this year. Wells Fargo reported second-quarter revenue of $20.7 billion, topping the $20.2 billion estimate but falling from $20.9 billion in the previous quarter.The bank delivered earnings of $1.33 per share, topping the $1.28-per-share consensus estimate.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Nachrichten zu Wells Fargo & Co Deposit Shs Repr 1-1000th 5.85 % Non-Cum Perp Pfd Shs -A- Series -Q-mehr Nachrichten
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Aktien in diesem Artikel
Wells Fargo & Co Cert Deposito Arg Repr 0.2 Shs | 17 350,00 | -6,72% |
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Wells Fargo & Co Deposit Shs -A- Repr 1-1000th 5.625% Red Non-Cum Pfd Reg Shs-A- Ser -Y- | 22,93 | 0,04% |
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Wells Fargo & Co 7 1-2 % Non Cum Perp Conv Pfd Shs -A- (L) | 1 173,86 | -0,44% |
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Wells Fargo & Co. | 55,40 | -6,69% |
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