Mohawk Industries, (MHK) drops 10.98% in active trading on October 29

Today, shares of Mohawk Industries, Inc. Inc. (NYSE: MHK) fell $ 21.85, a decrease of 10.98%. Mohawk Industries opened at $ 189.00 before trading between $ 191.91 and $ 174.17 throughout Friday’s session. Activity saw Mohawk Industries’ market capitalization drop to $ 12,232,671,798 on 1,556,680 stocks, above their 30-day average of 475,864.

Mohawk Industries employs approximately 42,100 people with a head office in Calhoun, Georgia.

About Mohawk Industries, Inc.

Mohawk Industries is the world’s leading manufacturer of flooring products that creates products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring. Our cutting edge innovation has produced products and technologies that differentiate our brands in the market and meet all renovation and new construction requirements. Our brands are among the most recognized in the industry and include American Olean, Daltile, Durkan, Karastan, IVC, Marazzi, Mohawk, Pergo, Quick-Step and Unilin. Over the past decade, Mohawk has grown from a US carpet manufacturer to the world’s largest flooring company with operations in Australia, Brazil, Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia and the United States.

Visit the Mohawk Industries, Inc. profile for more information.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value with over $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

For more information on Mohawk Industries, Inc. and to keep up with the latest company updates, you can visit the company profile page here: Mohawk Industries, Inc.’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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