Stanley Black & Decker Inc (SWK): Today's Featured Industrial Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Stanley Black & Decker (SWK) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Stanley Black & Decker fell $1.86 (-2.3%) to $79.53 on average volume. Throughout the day, 1,344,313 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1,521,400 shares. The stock ranged in price between $79.41-$81.55 after having opened the day at $81.55 as compared to the previous trading day's close of $81.39. Other companies within the Industrial industry that declined today were: Adept Technology (ADEP), down 9.6%, Gulf Island Fabrication (GIFI), down 7.5%, LSI Industries (LYTS), down 6.3% and Hollysys Automation Technologies (HOLI), down 5.7%.
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