Acuity Inc. (AYI) shares fell 14.54 percent on Thursday, dropping $53.78 to $316.01, even as the company reported higher first-quarter earnings compared with the same period last year. Net income rose to $120.5 million, or $3.82 per share, from $106.7 million, or $3.35 per share, a year earlier. Revenue for the quarter declined to $1.143 billion from $951.6 billion last year.
The stock was trading at $316.01, down from a previous close of $369.79 on the New York Stock Exchange. Shares opened at $341.86 and moved between $312.12 and $346.50 during the session.
Trading volume totaled about 0.65 million shares, compared with an average volume of roughly 0.25 million shares.
Acuity Inc. has traded within a 52-week range of $216.81 to $380.17.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.