Chicago Bridge & Iron Company (CBI): Today's Featured Materials & Construction Laggard
Chicago Bridge & Iron Company (CBI) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Chicago Bridge & Iron Company fell 86 cents (-2.3%) to $37.21 on heavy volume. Throughout the day, 2.8 million shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $36.97-$38.03 after having opened the day at $38 as compared to the previous trading day's close of $38.07. Other companies within the Materials & Construction industry that declined today were: Casella Waste Systems (CWST), down 8.8%, India Globalization Capital (IGC), down 4.7%, Patrick Industries (PATK), down 4.7%, and Caesarstone Sdot-Yam (CSTE), down 4.2%.
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