Why Steelcase Stock Popped Today

Shares of Steelcase (NYSE: SCS), the maker of office furniture, shot upward today. This came after the company posted better-than-expected results in its third-quarter earnings report, beating estimates on both the top and bottom lines.

As a result, the stock was up 16.4% as of market close, making it one of the top stocks of the day.

Image source: Steelcase.

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Source Fool.com