India, Oct. 27 -- Armstrong World Industries, Inc. (AWI) is down 6.41 percent, losing $10.57 to $154.25 on Tuesday. The decline comes despite the company reporting higher third-quarter earnings, with net income rising to $91.9 million, or $2.17 per share, from $86.3 million, or $1.98 per share, a year earlier. Adjusted earnings totaled $96 million, or $2.26 per share.
Armstrong World Industries is currently trading at $154.25, down from the previous close of $164.82 after opening at $156.77 on the New York Stock Exchange. The stock has traded between $152.50 and $159.12 during the session. Trading volume stands at about 436,000 shares, compared with average volume of about 399,000 shares.
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