Reuters: Global Markets: Martin Marietta shares fall on Einhorn comments

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Martin Marietta shares fall on Einhorn comments May 16th 2012, 20:19 Wed May 16, 2012 4:19pm EDT (Reuters) - Shares of construction materials maker Martin Marietta Materials Inc (MLM.N) closed down 8 percent after hedge fund manager David Einhorn said the stock was overvalued. The Greenlight Capital co-founder said at the Ira Sohn Investment conference that Martin Marietta benefited from a one-time fiscal stimulus. Martin Marietta spokesman Mark Semer declined to comment. The company's shares closed at $68.60 on Wednesday on the New York Stock Exchange.

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