Fastenal Stock Slips After Dismal Q4 Results
Fastenal(FAST) Schaeffers Investment Research·2025-01-17 15:58
Shares of Fastenal Co (NASDAQ:FAST) are down 1.9% at $73.38 at last glance, after the industrial machinery name's disappointing fourth-quarter results, with earnings, revenue, and sales growth all missing estimates. The company cited a "soft manufacturing environment," with more production cuts than expected around the holidays. Since the start of 2025, FAST has only had two negative sessions, though it's pacing for a third today. The $72 level, which provided pressure in July and September, appears to be m ...