Amid a market selloff, one Portland-area stock is a rare bright spot

//Amid a market selloff, one Portland-area stock is a rare bright spot

Amid a market selloff, one Portland-area stock is a rare bright spot

Shares of Nautilus Inc. climbed 4 percent on Tuesday, one day after the company reported strong quarterly earnings and despite a marketwide selloff related to economic fears about the cost of the coronavirus outbreak. The Dow has fallen 1,800 points in two days. On Monday, Nautilus reported $0.12 in fourth-quarter earnings per share. Wall Street stock analysts had expected a $0.14 loss. The company also reported $104.2 million in sales, down 9.7 percent from a year ago. Nautilus generated $13…

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By | 2020-02-25T22:41:19+00:00 February 25th, 2020|Sports|

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