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Manhattan Associates (MANH) Tumbled To Over A 2-Month Low After Q4 Report

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 and dropped further in early trade. Shares slipped further around midday and finished down by 8.59 at $41.88 on the highest volume of the year. The stock dropped to a 2 1/2 month low.

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