Why Concrete Pumping (BBCP) Stock Is Nosediving
From Stockstory.org – Bloomberg: 2025-06-06 16:18:00
Shares of Concrete Pumping (NASDAQ:BBCP) dropped 15.6% after weak first quarter 2025 results missed Wall Street’s estimates. Sales fell 12%, impacted by construction delays and macroeconomic uncertainty. Full-year guidance was also lower than expected. The stock closed at $6.06, down 14.3% from the previous close. The market reacted strongly to the news, reflecting the company’s challenges. Concrete Pumping’s shares have been volatile, with 26 moves over 5% in the past year. Sales declined 11.5% year-on-year, with the U.S. and U.K. segments struggling. The stock is down 8.4% since the beginning of the year.
Read more at Stockstory.org – Bloomberg: Why Concrete Pumping (BBCP) Stock Is Nosediving