Here's Why U.S. Concrete Fell 28.8% in October [The Motley Fool]
U S Concrete, Inc. (USCR)
Last u s concrete, inc. earnings: 2/25 05:55 am
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US:NASDAQ Investor Relations:
investorrelations.us-concrete.com
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Source: The Motley Fool
Investors worried that market volatility and economic concerns would crash the ongoing infrastructure boom. But third-quarter 2018 operating results may show otherwise. Maxx Chatsko ( TMFBlacknGold ) Nov 5, 2018 at 10:16AM What happened Shares of U.S. Concrete ( NASDAQ:USCR ) fell nearly 29% last month, according to data provided by S&P Global Market Intelligence . There wasn't any company-specific news, although investors were awaiting the release of third-quarter 2018 earnings on the first day of November. Considering the business had been facing more headwinds this year than in the past, and the highly cyclical construction industry was thought to be nearing mid-cycle, the stock was a prime candidate for punishment during October's step-down in market valuations. Were investors right to be pessimistic heading into the third-quarter 2018 ea
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