Why Paccar Stock Slipped on Tuesday

Paccar (PCAR -2.42%) published its fourth-quarter and full-year 2024 results Tuesday morning, and investors didn't seem too impressed by its performance. As a result, the storied truck maker's stock fell by more than 2% in price on the day. This did not compare favorably to the 0.9% gain of the bellwether S&P 500 index.Falls on both the top and bottom linesFor the quarter, Paccar's total revenue was just over $7.9 billion, representing a notable come-down from the nearly$9.1 billion in the same period of 2 ...