Wells Fargo is flat after an earnings beat — here’s why and our outlook on shares

Products You May Like

Wells Fargo customers use the ATM at a bank branch on August 08, 2023 in San Bruno, California.
Justin Sullivan | Getty Images

Wells Fargo reported better-than-expected earnings results on Friday, but some weakness under the hood is putting a lid on the bank’s stock. Stay the course: Shares should move higher as management continues to shake off regulatory punishments for past misdeeds.

Products You May Like

Articles You May Like

Here’s how U.S. health officials are responding to bird flu in humans after second case
Why groceries are so expensive — and how consumers may start to see relief
Net Operating Loss Carryforward and Carryback Provisions in Europe, 2024
Two CVS retail stores in Rhode Island join new national pharmacy union
We’re in a ‘vibecession,’ experts say. Here’s how to invest accordingly

Leave a Reply

Your email address will not be published. Required fields are marked *