Why Domino's Pizza, Innophos Holdings, and W.W. Grainger Slumped Today [The Motley Fool]
INNOPHOS HOLDINGS (IPHS)
Last innophos holdings earnings: 11/6 07:30 am
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US:NASDAQ Investor Relations:
ir.innophos.com/investor-relations
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Source: The Motley Fool
Find out what made these companies miss a huge rally. The stock market soared on Tuesday, climbing on momentum from positive earnings reports and favorable readings on the U.S. job market. Major benchmarks were up roughly 2% to 3%, and many investors took heart in how quickly stock indexes were able to bounce back from the severe drop they saw over a two-day period last week. Yet even with good news helping stocks across the market, there were a few companies that found themselves left out of the rally. Domino's Pizza ( NYSE:DPZ ) , Innophos Holdings ( NASDAQ:IPHS ) , and W.W. Grainger ( NYSE:GWW ) were among the worst performers on the day. Here's why they did so poorly. Domino's falls down Shares of Domino's Pizza declined 5% after the company released its third-quarter financial report . The popular pizza chain announced solid growth in retail sales that helped earnings per share soar by more than 65% from the year-ago period. However, investors weren't
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