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Knoll (KNL) in Focus: Stock Adds 9.2% in Session

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Knoll, Inc. was a big mover last session, as the company saw its shares rise over 9% on the day. The upside was driven by the company’s announcement of profits in its third-quarter results. The news led to far more shares changing hands than in a normal session resulting in solid volume. This stock, trading in a volatile price range of $20.59 to $23.4 in the past one-month time frame, showed a pick-up on Friday at $22.58.

 The company has seen one negative revision in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Knoll currently carries a Zacks Rank #4 (Sell).

A better-ranked stock in the same industry is Steelcase Inc. (SCS - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is KNL going up? Or down? Predict to see what others think: Up or Down

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