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Why Badger Meter Stock Is Plunging Today


After rising higher on each of the previous three days of trading, shares of Badger Meter (NYSE: BMI), a leading provider of water meters, are heading in the other direction today. An analyst's pessimistic outlook for Badger Meter stock is motivating the bears to click the sell button.

As of 11:58 a.m. ET, shares of Badger Meter are down 8.2%.

Image source: Getty Images.

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Source Fool.com

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