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Fastenal Co. (FAST) Rose Sharply On Better Than Expected Q2 Earnings

Fastenal Co. (FAST) reported second quarter EPS of $0.74 Wednesday morning, up from $0.52 a year ago. The consensus estimate was for EPS of $0.66.

Fastenal gapped up at the open Wednesday and rose further around mid-morning. The stock ended the day with a gain of 4.98 at $54.51 on the highest volume of the year. Fastenal climbed to over a 1-month high.

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