Darling International (DAR) NewsBite - DAR Lower on Consumer Confidence Report

Posted on Tuesday, June 24, 2008 2:57 PM

Darling International Inc. (DAR) opened at 16.51. So far today, the stock has hit a low of 15.55 and a high of 16.69. DAR is now trading at 16.32, down 0.28 (-1.70%). The stock hit its 52 week high of 17.50 in June and set its 52 week low of 6.92 in August. DAR has moving upwards for the past year. Darling International shares have been slipping today with other consumer goods producers on reports that consumer confidence fell in June to its lowest in 16 years. The Conference Board said its overall monthly measure of consumers' mood declined to 50.4 this month, hitting the lowest since 47.3 in February 1992. Technical indicators for the stock are bullish and steady. We will just watch this one for now. There are no trades that we like for DAR. [RHF - Seven Summits Strategic Investments NewsBite]