12/08/15: Toll Brothers Posts Weaker-Than-Expected Profit, Conference Call Magnifies Ongoing Challenges—shares react negatively

NewsHedge Alert: 10:14:23am        Ticker: TOL

Alert Price: $36.48        Change: – 4.33% by market close

UNUSUAL TRADING REPORT

Catalyst: (news) Luxury home builder Toll Brothers Inc. on Tuesday reported a weaker-than-expected profit for its fourth quarter even as its revenue and the housing market in general continued to grow. Shares react negatively going into the close while continuing it’s down trend the following trading session.

TOL-12_08_2015

Posted in NewsHedge Alerts and tagged , , .

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