Seeking Alpha

McKesson (MCK -1.7%) slips on a likely bout of profit-taking after its FQ4 earnings easily beat...

McKesson (MCK -1.7%) slips on a likely bout of profit-taking after its FQ4 earnings easily beat estimates late yesterday. Net profit rose 23% Y/Y, led by continued growth from the drug wholesaler's distribution business. The stock has outperformed over the past couple months however, gaining over 12% just since March, and investors appear to be taking advantage of the recent strength to take some money off the table.

Check out Seeking Alpha’s new Earnings Center »

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs