Argan stock jumps 16% into a long weekend — here’s what traders will watch next
Argan shares jumped 16.4% Friday to close at $383.66 after touching $392.48 intraday. Short interest in AGX dropped about 20% to 521,702 shares as of Dec. 31. U.S. markets are closed Monday for Martin Luther King Jr. Day, with trading set to resume Tuesday. Argan declared a $0.50 dividend payable Jan. 30 to holders as of Jan. 22.