When companies break up, they can create enormous value, and nowhere is that more evident than with TopBuild , the former services arm of Masco that began trading as an independent company in July 2015. Since the spinoff, shares of TopBuild have rallied 50% and Cramer said the move is not yet over.
Category: Furniture
Why Ethan Allen Interiors Inc. Stock Fell 12%
The stock closed the trading day down 12.5%. Before Ethan Allen’s earnings release this week, the company had pre-announced its second fiscal quarter of 2017, which ends on Dec. 31, before the figures were finalized.
Why Perrigo, Novadaq Technologies, and Ethan Allen Interiors Slumped Today
Wednesday was a strong day for the stock market, as the Dow finished up nearly 100 points and the S&P 500 and Nasdaq both posted gains as well. Investors remained generally upbeat about the prospects for the U.S. economy in 2017, and a rise in crude oil prices helped lift the energy sector higher during the market session.