MSC Industrial Stock Falls 3.3% Amidst Concerns Over Growth and Profit Margins

MSC Industrial Direct (MSM) shares fell 3.3% as investors focused on slowest revenue growth among peers. The company reported Q3 revenues of $978.2 million, beating expectations, but investors were concerned about pressure on profit margins due to soft demand and competition. The stock has declined since the earnings announcement, indicating investor unease. Despite a 10.6% year-to-date increase, the stock is still 10.4% below its 52-week high.