(Reuters) - Investors are worried that the slowdown in residential construction is starting to reduce demand for the accompanying "light commercial construction," which is an important market for Acuity, said analyst Zahid Siddique of Gabelli & Co.
"If there are less communities, people won't build shopping centers and medical facilities, so I think that's what's causing the stock to fall," Siddique said.
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"If there are less communities, people won't build shopping centers and medical facilities, so I think that's what's causing the stock to fall," Siddique said.
Read more at Reuters.com Hot Stocks News
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