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Fastenal Posting Substantial Gain On Upbeat Q2 Results

Shares of Fastenal (FAST) have moved sharply higher during trading on Wednesday, spiking by 10.5 percent. Earlier in the session, Fastenal reached its best intraday level in well over three months.

The rally by Fastenal comes after the industrial and construction products maker reported second quarter results that beat expectations and raised its quarterly dividend.

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