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Masco Corp. (MAS) Tumbled After Q1 Miss

Masco Corp. (MAS) reported first quarter EPS of $0.45 Tuesday morning, which fell short of the consensus estimate of $0.50.

Masco gapped open lower Tuesday and steadily declined until mid-afternoon. The stock ended the day with a loss of 3.29 at $36.16 on the highest volume of the year. Masco closed testing support at the lows of the year, trading at nearly an 8-month low.

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