By MarketBeat. Originally published at ValueWalk. Acuity Brands ( NYSE:AYI) has been in a downtrend for the last two quarters for no other reason than fear of slowing growth, tightening margins, and earnings weakness but those fears were overblown. The move downward was driven in large part by institutions that were selling heavily in the first quarter of the year. Now that the company has...
Acuity Brands, Inc Illuminates An Attractive Opportunity
June 30, 2022 at 16:59 PM EDT
By MarketBeat. Originally published at ValueWalk. Acuity Brands Wobbles After Strong Q3 Results Acuity Brands (NYSE:AYI) has been in a downtrend for the last two quarters for no other reason than fear of slowing growth, tightening margins, and earnings weakness but those fears were overblown. The move downward was driven in large part by institutions… Continue reading Acuity Brands, Inc Illuminates An Attractive Opportunity
