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Fastenal Shares Jump After Revenue Rose Despite Hurricane Helene Disruption
FASTFastenal(FAST) Investopedia·2024-10-11 18:25

Key Takeaways Fastenal shares jumped Friday after the maker of fasteners and other construction and hardware equipment reported higher revenue despite disruptions from Hurricane Helene in the latest quarter. The company credited the results to sales at its onsite locations, especially those opened in the last two years. The news sent shares of Fastenal up nearly 10% to their highest level since April. Fastenal (FAST) shares were the top gainer in the S&P 500 Friday after the maker of fasteners and other ind ...