What’s Going On Here? Danish luxury electronics company Bang & Olufsen (B&O) reported not-so-shining results. Investors sent the stock down 17%. What Does This Mean? B&O’s financial situation Annual update showed B&O’s sales fell 14% compared to last year (more than the forecasted 10% decline), where lower-than-expected sales to European customers were primarily to blame. Pprofit margin also shrank more than expected….
