Herman Miller Inc. (MLHR) reported fourth quarter EPS of $0.20 after the bell Wednesday, down from the $0.71 posted last year. The consensus estimate was for EPS of $0.18.
Herman Miller Inc. rose sharply in the first hour of trade Thursday and climbed further in the early portion of the afternoon. Shares finished up by $1.94 at $16.00 on the highest volume in 6 months. The stock rose above nearly a 2-month range and set over a 7-month high.
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