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Steelcase Inc. (SCS)

NYSE - NYSE Delayed Price. Currency in USD
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11.44-0.02 (-0.17%)
At close: 04:00PM EST
11.44 0.00 (0.00%)
After hours: 06:03PM EST
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  • S
    Steve
    As KNR continues to be held back by shorts, this company is steadily climbing every day since announcing the partnership with KNR. Both will soon be seeing huge gains imo
    Bullish
  • B
    Big Money
    Kontrol BioCloud will sell like crazy $KNR.NEO go invest!!
  • B
    Brad
    Offices are going to be going back to cubes and personal space/distancing. SCS should benefit from this for the need for more partitions and related office equipment.
    Bullish
  • R
    Rintoul
    Earnings looked ok - wonder why it's down bigly after hours?
  • P
    Pablo
    Raymond James says Steelcase stock is now a strong buy after a huge sell-off
    Raymond James says Steelcase stock is now a strong buy after a huge sell-off
    www.schaeffersresearch.com
  • H
    Harvey
    Situations like this produce maximum frusration. In the age of the virus, SCS managed to handily beat estimatyes for the Quarter. Forward guidance was "Meh" but not terrible. Is management adhering to the "underpromise and overdeliver" paradigm? After cutting the dividend, they raised it again last quarter in a show of balance sheet strength. They are the industry leader. SCS has as good a handle on the progression of the virus as anyone does. They are working working with thier customers to plan for both possible scenarios: back to the office or providing for at home furniture if the future goes that way. Where are all the negatives that made whoever sell this down so much today? Algorithms? I can't see it being little investors like us deciding to sell while watching the tape in front of their computers. The problem is how to deal with the volatilty. The answer to that lies with how you manage your portfolio. GLTA.
    Bullish
  • H
    Harvey
    Big volume on the downside today, September 15. Does this portend anything for earnings next week.
  • Y
    Yahoo Finance Insights
    Steelcase reached a 52 Week low at 10.98
  • t
    tradeinstyle
    Herman Miller up 33% on an estimated earnings beat. Steel case is next.
  • t
    tradeinstyle
    The 5-day is from $9.47 to $12.75 there must be something in the works other than the expected rise from return to work changes required in offices. Hey, I’m long so happy as a clam, just curious.
  • A
    AndyS
    anybody have a clue as to why this is failing after a good quarter?
  • M
    Melody
    Dead money.. poor management in low growth market.
    Bearish
  • J
    Jabberwonky
    Thinking about buying to fill out dividend positions. Don't like margins but it may be lesser of 200 evils...
  • B
    Brad
    It looks like SCS might benefit as they are making a lot of the partitions for these field hospitals and such as opposed to dividers for office cubes. Good cash and balance sheet and I think this company will come out just fine.
  • n
    nice guy
    Kramer said management wasn’t doing a great job on Mad Money this evening. Herman Miller has made an aggressive move toward the home office, but I haven’t heard anything about SCS entering this market.
  • R
    Rob F
    I was hoping for a significant earnings rise as an indication that Steelcase had products in demand. But, what I got was o increase, weak guidance, and comments from a management that seems to have no passion for its business and makes excuses for its performance. Why should I continue to hold this stock if it is just going to bounce along the bottom?
  • C
    Chkpfbeliever
    We get reimbursements for ordering office equipment to work at home. I saw a few people getting office chair from Steelcase. Think this would be a good quarter for them.
  • S
    Scott
    Great partner with KNR. Lets make America safe!
  • J
    John
    My only green in a sea of red today
  • D
    Designtex
    Designtex, once the jewel in the cap of Steelcase, is now an also ran, losing market share, losing customers after implementing the misguided new ERP system.
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