The Traderszone Network

Published in TZ Latest News 23 May, 2016 by The TZ Newswire Staff

Why Caesarstone Sdot-Yam Stock Dropped Today

Caesarstone Counter

Image source: Caesarstone Sdot-Yam.

What: Shares of Caesarstone Sdot-Yam (NASDAQ: CSTE), a manufacturer of engineered quartz surfaces, slumped on Monday following the announcement that CEO Yos Shiran is resigning from the company. At 3:15 p.m. ET, the stock was down about 12.5%.

read more