Greif Inc (GEF)

Greif Inc Stock (GEF) dropped by 3.34% from $69.66 to $67.33 in the trading on Thursday December 07, 2023. The reason why GEF stock down today is due to its quarterly earnings results. The company reported weak sales, in which revenue of $1.31 billion, missing the consensus by $30M. The business's quarterly revenue was down 12.5% on a year-over-year basis. Investors has reacted negatively to the results, causing GEF stock declining sharply today.