Acco Brands Corporation (ACCO) Stock Drops 5% Amid Market Volatility

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Dec 05, 2024
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Acco Brands Corporation (ACCO, Financial) experienced a significant stock movement with a 5% drop, trading at $5.99 per share. The trading volume reached 268,629 shares, with a turnover rate of 0.29% and a volatility of 4.37%. Recent financial reports show the company generated $421 million in revenue, with a net profit of $9.3 million and earnings per share of $0.10. The price-to-earnings ratio stands at -3.16, and no institutional ratings are currently available.

In the engineering machinery sector, where ACCO operates, the overall decline was 0.51%. Other notable stocks in the sector showed significant activity and fluctuations, but ACCO remains a key player with its diverse product offerings and extensive market channels.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.