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PC Connection's stock fell despite a margin record, after earnings missed estimates, but got a "buy" upgrade.
PC Connection's stock fell 7.1% after reporting earnings of $0.78 per share, missing analysts' estimates of $0.90.
Despite the drop, StockNews.com upgraded the stock from "hold" to "buy."
The company's gross margin reached a record 18.6%, but net income dropped 12.9% to $20.7 million in the fourth quarter.
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Las acciones de PC Connection cayeron a pesar de un registro de margen, después de que las ganancias fallaron las estimaciones, pero obtuvo una actualización de "compra".