Enerpac Tool Group Stock Takes A Dive On Q1 Earnings

Core Insights - December 18th was a challenging day for shareholders of Enerpac Tool Group Corp. (NYSE: EPAC) as the broader market declined due to news regarding the Federal Reserve's interest rate policy [1] Group 1: Company Performance - Enerpac Tool Group Corp. faced significant market pressure following the announcement that the Federal Reserve is likely to cut interest rates only twice in the upcoming year [1] Group 2: Market Context - The overall market experienced a plunge, indicating a broader economic concern that could impact various sectors, including those related to Enerpac Tool Group [1]