BellRing Brands Plummets, Share Buyback Signals Confidence
Update: 2025-12-29
Description
BellRing Brands stock plummeted 10.5% due to a murky outlook and rising volatility, hitting around $27 per share. The broader market also retreated, with the S&P 500 and Nasdaq easing from record highs. Tech giants like Nvidia and AMD saw significant losses as the AI boom cools off. Traders locked in profits and shifted away from high-risk tech names. Despite the drop, BellRings recent $600 million share buyback program signals managements confidence in the stocks value. Year-to-date, shares are down 63.9% and trading 66% below the 52-week high, but a $1,000 investment five years ago would now be worth around $1,143. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
