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-0.000339161893277178 -0.00150738619234261 0.000489900512511288 0.00278866445583362 0.00874283991558635 -0.00135664757310828 -0.00335393427796196 0.00150738619234239
Stock impact report

Why Mohawk Industries (MHK) Stock Is Down Today [Yahoo! Finance]

Mohawk Industries, Inc. (MHK) 
Last mohawk industries, inc. earnings: 2/13 04:10 pm Check Earnings Report
US:NYSE Investor Relations: mohawkind.com/corporateiroverview.aspx
Company Research Source: Yahoo! Finance
While the quarter's results were largely in line, guidance was well below, with management citing factors such as consumer confidence, inflation, and the recent hurricanes in the US. Overall, this was a softer quarter. MHK wasn't the only housing-related company to report underwhelming results. CSL, which is also exposed to residential construction and demand for homes, also put up weak results that sent the stock down The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Mohawk Industries? Access our full analysis report here, it's free Mohawk Industries's shares are somewhat volatile and have had 12 moves greater than 5% over the last year. But moves this big are rare even for Mohawk Industries and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock gained 19% on the news that the Show less Read more
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