Taylor Devices Stock Slips as Investors Eye Backlog Despite Record Sales
Taylor Devices Inc. shares traded lower Friday morning while the rest of the U.S. stock market gained. Investors are watching the company’s order book. The stock fell $2.10 to $51.60 after opening at $53.69. Shares traded were 6,940, putting the market value near $166.1 million. The shares hit a low for the day at $51.60.