Why Karooooo Stock Stumbled Today
Shares of Karooooo (NASDAQ:KARO) tumbled out of the gate on Tuesday, falling as much as 9%. As of 11:54 a.m. ET, the stock was still down 2.1%. The catalyst that sent the Internet of Things (IoT) and logistics specialist lower was the company's financial report -- but things aren't what they seem. Continue reading