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why is kirkland stock down

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This information will only be used for this request. To learn more, You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Shares of Kirkland Lake Gold tumbled more than 15% by 10:30 a.m. EST on Monday. Kirkland's board also authorized a share buyback plan to repurchase up to $10 million of the company's outstanding stock. Kirkland's, Inc. KIRK released fourth-quarter fiscal 2018 results, with earnings improving year over year but missing the Zacks Consensus Estimate. 75 LakhM&M July total sales drop 36% YoY; domestic tractor sales jump 28%5 Uncommon Tax Deductions That Will Help You Save Big

Kirkland’s net sales amounted to $216.1 million, down 3.8% from the prior-year quarter’s tally. Driving down the gold mining stock was the … Shares of Kirkland Lake Gold tumbled more than 15% by 10:30 a.m. EST on Monday. Shares have lost about 37.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Kirkland's due for a breakout?

Kirkland's' stock is owned by a number of institutional and retail investors.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. It's no surprise Kirkland's has a Zacks Rank #4 (Sell). ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis.

Top institutional shareholders include Schwarz Dygos Wheeler Investment Advisors LLC (0.64%). Kirkland's' stock was trading at $1.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization.

Kirkland’s net sales amounted to $119.9 million, down 10.5% from the prior-year quarter’s figure. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

This includes personalizing content and advertising. Kirkland's, Inc. KIRK released second-quarter fiscal 2019 results, wherein it reported wider-than-expected loss. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Kirkland’s announced that W. Michael Madden will be promoted from CFO to President and CEO. Since 2015, shares have risen by more than 3,000%. These returns cover a period from January 1, 1988 through July 6, 2020. ZacksTrade and Zacks.com are separate companies. If you aren't focused on one strategy, this score is the one you should be interested in.Estimates have been broadly trending downward for the stock, and the magnitude of this revision indicates a downward shift. Why Kirkland Lake Gold (TSX:KL) Is the Top Gold Stock for 2020 Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) is on a tear. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.Real time prices by BATS. All information is required.As an alternative to using this form, you can send us your name and zacks account email with your request to privacy@zacks.com.We'll send a verification email to the email address you provided. Kirkland’s net sales amounted to $144.9 million, down 6.2% from the prior-year quarter’s figure.

why is kirkland stock down 2020