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Stock impact report

Flex, Pure Storage, Xerox, CECO Environmental, and Cogent Stocks Trade Down, What You Need To Know [Yahoo! Finance]

Pure Storage, Inc. Class A (PSTG) 
Last pure storage, inc. class a earnings: 2/27 04:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.purestorage.com
Company Research Source: Yahoo! Finance
U.S. stocks fell as crude oil prices rose for the second consecutive day, with the international benchmark, Brent crude, jumping as much as 13% to over $82 a barrel. The surge came as shipments through the Strait of Hormuz, a critical channel for about 20% of the world's oil, were choked off. Analysts were concerned that a prolonged conflict could lead to an inflationary shock. The injection of new uncertainty into the business environment is a hit to confidence, which could lead companies to invest and hire less, potentially derailing an already fragile economy. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Electronic Components & Manufacturing company Flex (NASDAQ:FLEX) fell 3.6%. Is now the time to buy Flex? Access our full analysis report here, it's free. Hardware & Infrastructure company Pure Storage (NYSE:PSTG) fell 4.9%. Is now the time to buy Pure St Show less Read more
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