Starbucks and Uniqlo are among the retail outlets closing down across the country, and manufacturers including Toyota Motor Corp have halted production at least for a time. (A woman, wearing a protective facemask, walks past a Starbucks coffee shop (back) walks her dog in Beijing on January 30, 2020. - AFP)
NEW YORK: Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over the performance of individual stocks.
Earnings-related stock moves have been smaller this season in comparison with the average over the past 12 quarters, according to data from options research company ORATS.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
