Lincoln Electric Dips 21% in 3 Months: Will It Recover? - ACCO Brands (NYSE:ACCO), Applied Industrial Techs (NYSE:AIT)
Lincoln Electric Holdings, Inc. (NASDAQ: LECO) shares have lost 20.9% in the past three months compared with the industry's 10% decline. This mainly reflects escalating freight and material costs. Low volumes in the Harris Products Group add to the woes.