🔴 Argan is trading 6.6% down today as profit-taking extends its post-earnings pullback

Argan is trading at $506.45 (down 6.6%) as the stock continues to retreat from its recent earnings-driven rally.

• The decline follows a similar 6% drop on July 27, with the stock appearing technically extended after its sharp upward move.
• Market sources attribute the downward pressure to profit-taking rather than any new negative company-specific developments.