McKesson: The Correction Is Not Over [Seeking Alpha]
McKesson Corporation (MCK)
Last mckesson corporation earnings: 2/4 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investor.mckesson.com
Company Research
Source: Seeking Alpha
Summary McKesson declined about 20% in the last few weeks and sentiment suddenly turned. Of course, McKesson is performing hand-in-hand with the overall market and we can expect that McKesson will continue to decline - similar to the overall market. On the other hand, we can argue that McKesson is already undervalued a bit, but I still think the stock will continue to decline further due to the overall sentiment. JHVEPhoto In my last article about McKesson Corporation ( NYSE: MCK ) I rated the stock as a “Hold” after I have been (extremely) bullish about the stock in previous articles and rated it as a “Buy” or even a “Strong Buy” in 2021. And in the months since the end of April 2024 when my last article was published, the stock continued to increase till early August, but since then the stock lost 20% from its all-time high and is now trading about 6% lower compared to the price when my last article was published. In this article, I will provide an update on the stock
Show less
Read more
Impact Snapshot
Event Time:
MCK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCK alerts
High impacting McKesson Corporation news events
Weekly update
A roundup of the hottest topics
MCK
News
- McKesson - Meet The New Dividend Stock On My Watchlist [Seeking Alpha]Seeking Alpha
- McKesson Co. (NYSE: MCK) had its price target lowered by analysts at Wells Fargo & Company from $576.00 to $535.00. They now have an "equal weight" rating on the stock.MarketBeat
- McKesson Co. (NYSE: MCK) had its price target lowered by analysts at Citigroup Inc. from $670.00 to $630.00. They now have a "buy" rating on the stock.MarketBeat
- Patient Portal Market to Surpass USD 16.71 Billion by 2032, Driven by Digital Health Integration & Patient-Centric Solutions | SNS Insider [Yahoo! Finance]Yahoo! Finance
- McKesson Shares Fall Following Sale of Rexall, Well.ca to Birch Hill [Yahoo! Finance]Yahoo! Finance
MCK
Earnings
- 8/7/24 - Beat
MCK
Sec Filings
- 9/10/24 - Form 8-K
- 9/6/24 - Form 4
- 9/6/24 - Form 424B5
- MCK's page on the SEC website