Why Shares of Leslie's Tanked 15% in Morning Trading Today

·2-min read
Why Shares of Leslie's Tanked 15% in Morning Trading Today

Shares of Leslie's (NASDAQ: LESL), a purveyor of pool supplies to retail and professional customers, fell as much as 15% in early trading on Thursday. Although the stock had regained some lost ground by 1 p.m. EDT today, it was still off by roughly 10%. The adjusted quarterly loss was $0.01 per share compared to a loss of $0.18 in the same period of the previous year.