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Why DMC Global Stock Dropped 14% Today

TheMotleyFool

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Despite "beating" both sales and earnings estimates in its second-quarter earnings report that was released after close of trading yesterday, advanced explosive-systems-maker DMC Global's (NASDAQ: BOOM) stock closed 14.4% lower on Friday.

Analysts had predicted DMC would earn $0.88 per share for the quarter on sales of no more than $105 million. Instead, DMC reported a $1.15 per-share profit and sales of $111 million.

Image source: Getty Images.

Quelle Fool.com

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