Here's Why Stanley Black & Decker Stock Got Hammered 22% in April
Shares in toolmaker and engineered fastener company Stanley Black & Decker (SWK 4.20%) slumped by 21.9% in April, according to data from S&P Global Market Intelligence. There's no debating the reason. The Liberation Day tariffs President Trump announced at the start of the month are significantly affecting its business, and management promptly lowered its full-year guidance on its first-quarter earnings presentation at the end of the month. Here's the why and how.Stanley Black & Decker's tariff impactManage ...