Here's Why This Door Technology Company's Stock Surged Today

Locks and access door company Allegion (ALLE 9.60%) stock had risen by 10.3% at 11 a.m. ET. The move comes after its first-quarter earnings report was released this morning. Here's what happened and why the stock looks like a great value.Allegion safely deliversIt's no secret that the residential housing market is under pressure from relatively high interest rates. The tariff turmoil threatens nearly all manufacturers, and they may be unable to pass on increased supply chain costs. There's also the threat o ...