HNI manufactures office furniture and hearth products. This company has increased its dividend every year for 16 years. There is little explanation for sell off in the stock other than “selling on the news.”
HNI has seen a 40.51% appreciation in the stock price in the last 52 weeks. It is possible that this stock is at a point of exhaustion.
Biggest percentage gainer of the day: Carlisle Co. Inc.
Carlisle Co. was up 8.89% today. This tops off a 27% increase in the last year. Carlisle Co. manufactures rubber products for roofing, construction, trucking and aircraft industries. Carlisle has increased its dividend every year for 28 years.
