Raven Industries (NASDAQ: RAVN)announced mixed fiscal first-quarter 2019 results late last week, highlighting the continued fruits of both strategic investments aimed at driving growth and ongoing operational efficiency initiatives. But shares of the mini-industrial conglomerate fell more than 14% the following day as the market digested the news -- a move I believe is tied more than anything to the stock's recent steep ascent.
Don't Be Fooled by Raven Industries' Recent Post-Earnings Plunge
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