Griffon Corp
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Industrials : Building Products | Small Cap Blend
Company profile

Griffon Corp is a diversified management and holding company that conducts business through its wholly-owned subsidiaries. The Company operates through three reportable segments: Consumer and Professional Products (CPP), Home and Building Products (HBP) and Defense Electronics. CPP segment consists of AMES Companies, Inc. (AMES), which is a manufacturer of branded consumer and professional tools and products for home storage and organization, landscaping, and enhancing outdoor lifestyles. HBP segment consists of Clopay Corporation (Clopay), which is a manufacturer and marketer of residential and commercial sectional garage doors and rolling steel doors in North America. Defense Electronics consists of Telephonics Corporation (Telephonics), which is a provider of surveillance and communications solutions for defense, aerospace and commercial customers.

Closing Price
$21.44
Day's Change
-0.45 (-2.06%)
Bid
--
Ask
--
B/A Size
--
Day's High
22.09
Day's Low
21.21
Volume
(Below Average)
Volume:
221,643

10-day average volume:
254,513
221,643

Dow transports rally toward 10th-straight gain, longest win streak in over 7 years

12:54 pm ET August 11, 2020 (MarketWatch)
Print

The Dow Jones Transportation Average charged up 138 points, or 1.3%, in morning trading Tuesday to ride a 10-day win streak (http://www.marketwatch.com/story/fedex-ups-stocks-surge-to-power-dow-transports-to-9th-straight-gain-2020-08-10) back into a positive territory for the year, amid increasing optimism that a new stimulus package will provide a fresh jolt to an improving economy. The Dow transports has soared 13.5% during its current win streak, would be the longest since the 10-day stretch of gains ending Jan. 28, 2013. Avis Budget Group Inc.'s stock (CAR) surged 11.5% to pace the index's gainers, as new highs in post-COVID-19 travel demand (http://www.marketwatch.com/story/airline-stocks-rally-as-travel-demand-increases-reaching-new-post-covid-19-highs-2020-08-11) provided a boost for the auto rental company. That also helped lift the stock of all six of the index's airline components, led by the 3.0% surge in Delta Air Lines Inc. (DAL) and American Airlines Group Inc.'s (AAL) 2.4% rally. Meanwhile, United Parcel Service Inc.'s stock (UPS) was the index's biggest decliner, as it shed 2.4% to snap a 5-day win streak that had lifted it to a record close on Monday. The Dow transports, on track for the first close above 11,000 since Feb. 20, is now up 0.9% year to date, while the Dow Jones Industrial Average (http://www.marketwatch.com/story/stock-index-futures-higher-as-sp-500-nears-all-time-high-2020-08-11), which is running up 268 points, or 1.0% on Tuesday, has slipped 1.7% this year.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 11, 2020 12:54 ET (16:54 GMT)

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