Open: 169.51 Close: 173.07 Change: 3.56

Today's Summary

Manhattan Associates stock closed Monday 11.55% lower at $177.70. The CEO of NTT Data North America Eric Clark will take over as CEO of Manhattan Associates. The Federal Emergency Management Agency (FEMA) has authorized their Manhattan Warehouse Management System (WMS) for the Federal Risk and Authorization Management Program. Manhattan Associates (NASDAQ: MANH) reported adjusted earnings per share of $1.17, beating analysts estimate of $1.06. At the time of writing, Manhattan Associates shares are trading 23.9% lower. Examining Manhattan Associates financials over 3 months reveals a positive narrative. Net margin lags behind industry averages suggesting challenges in maintaining strong profitability.