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Why Argan Stock Is Plummeting Today


(NYSE: AGX) stock is falling rapidly in Friday's trading. The company's share price was down 13% as of 1:30 p.m. ET, and had been down as much as 17.1% earlier in the daily session.

After the market closed yesterday, Argan published results for the second quarter of its current fiscal year -- a period ended July 31. While the energy and industrials company reported earnings that beat Wall Street's target, it also posted sales that fell significantly short of expectations.

Image source: Getty Images.

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Source Fool.com

Argan Inc. Stock

€280.00
2.190%
There is an upward development for Argan Inc. compared to yesterday, with an increase of €6.00 (2.190%).
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Argan Inc. stock is not clear.
At the moment Argan Inc. has reached the predicted target price of 280 €, with a current price of 280.0 €.
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