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Why is Lincoln Electric Holdings, Inc. (LECO) Stock down?

We've noticed a 5.03% decline in Lincoln Electric Holdings, Inc. (LECO) stock during the 2024-04-25 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
18 Oct, 2023:

Lincoln Electric Holdings (LECO) dropped by 6.57% from $188.25 to $175.89 in the trading on Wednesday October 18, 2023. The reason why LECO stock down today is due to change in Board of Directors. The company announced that Marc A. Howze, Senior Advisor, Office of the Chairman at Deere & Company, has been elected to Lincoln Electric's Board of Directors. He will serve as a member of the Compensation and Executive Development Committee and the Finance Committee.

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