Casey’s Shares Move Lower Ahead of Results, With Margin Uncertainty in Focus
Casey’s General Stores shares edged down in recent trading, despite a price target bump from Wells Fargo. The move puts a fresh focus on the company’s fuel margins ahead of its earnings report in June. The stock was at $809.41, dropping $15.90 from the previous close, and puts the company’s value around $30.1 billion. Nasdaq’s regular session hadn’t started yet in New York; hours are 9:30 a.m. to 4 p.m. ET, with pre-market starting at 4 a.m. ET.