Why Silgan Holdings (SLGN) Shares Are Getting Obliterated Today
Update: 2025-10-30
Description
Silgan Holdings' shares plummeted by over sixteen percent following their Q3 results, despite meeting earnings expectations and beating revenue forecasts. The company's revised full-year earnings forecast of $3.71 per share, a six percent drop from previous estimates, spooked investors, leading to a significant price drop. The stock has been on a downward trend since the start of the year, with a thirty-four percent decline from its November high. Despite the recent drop, some see it as a buying opportunity, while others remain concerned about potential future issues.
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