When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of arts-and-crafts retailer TheMichaels Companies (NASDAQ: MIK) were falling today in spite of a strong second-quarter earnings report this morning. The company easily beat expectations on both the top and bottom lines and was actually trading higher in pre-market trading, but began falling shortly after the earnings call began at 9 a.m. EDT, though there was no particular bad news on the call. The broader sell-off in the market, which came on fears that stocks had become overinflated after a recent rally, also seemed to push Michaels shares lower.