Titan International (TWI) Stock Trades Down, Here Is Why
What Happened? Shares of agricultural and farm machinery company Titan (NSYE:TWI) fell 6.9% in the morning session after the company reported third-quarter financial results that included a weak forecast for the fourth quarter. While the company's third-quarter revenue of 29.8 million both surpassed analyst expectations, investors were more concerned about the weaker outlook. For the upcoming fourth quarter, Titan guided for revenue of $397.5 million at the midpoint ...