Stock Alert: AYI
by Harris Roen Editor
Roen Financial Report
Tuesday, January 12, 2016
Today’s Alert:
A pullback in this LED lighting stock after a strong earnings report suggests that it may have gotten ahead of itself.
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| Lighting efficiency company Acuity Brands drops 8% in two days on large volume, despite an upbeat earnings report. Earnings and revenues came in above analyst estimates, and net income is 34% higher than the same quarter last year. AYI stock is still up 36% for the year. | SEC filing |
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