• H&R Block is tumbling hard because of Trump's tax plan

    3 monthes ago - By Business Insider

    H&R Block is dropping hard Wednesday in pre-market trading.
    Disappointing sales guidance for 2019 seems to be the catalyst for the stock drop.
    The new tax code could hurt the company's pricing, thus the 2019 guidance.
    Watch H&R Block trade in real time here.
    Shares of H&R Block are plumetting as much as 21% in pre-market trading Wednesday.
    This is after the tax preparation company released 2019 guidance below what Wall Street had estiamted. Revenue guidance is $3.05 billion to $3.1 billion, compared to analysts projections of $3.14 billion.
    The disappointing forecast is likely a result of...
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