NYSE:AIN - New York Stock Exchange, Inc. - US0123481089 - Common Stock - Currency: USD
Albany International announces the shift of operations from its Ballo, Italy facility to Merone, aiming to streamline costs and align with market demand.
Albany currently trades at $80.77 per share and has shown little upside over the past six months, posting a small loss of 2.2%. The stock also fell short of the S&P 500’s 6.3% gain during that period.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Albany (NYSE:AIN).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Albany (NYSE:AIN).
Thursday, September 5, 2024