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Manhattan Associates (MANH) Is Sinking After Q4 Profit Met Expectations

Manhattan Associates (MANH) reported fourth quarter EPS of $0.45 after the close Tuesday, down from $0.46 in the prior year. The result was in line with analysts' expectations.

Manhattan Associates gapped open sharply lower Wednesday morning and is now down 7.47 at $43.00 on above average volume. The stock has tumbled to a 2-month low.

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