Why James Hardie Industries Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Benzinga ·  May 22 01:36

Shares ofJames Hardie Industries plc(NYSE:JHX) fell sharply during Tuesday's session after the company reported worse-than-expected quarterly financial results.

James Hardie Industries posted adjusted earnings of 40 cents per share, missing market expectations of 42 cents per share. The company's quarterly sales came in at $1.005 billion versus estimates of $1.009 billion, according to data from Benzinga Pro.

JP Morgan analyst Al Harvey downgraded James Hardie Industries from Overweight to Neutral.

James Hardie Industries shares dipped 14.3% to $31.36 on Tuesday.

Here are some other stocks moving in today's mid-day session.


  • MGO Global, Inc. (NASDAQ:MGOL) shares...
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