Shares of Brink's Home Security Holdings Inc. (NYSE: CFL) fell Monday, its first day of solo trading on after spinning off from Brink's Co.
Shares of Brink's Home Security fell $2.28, roughly 10.5%, to $19.47. The high for the day was $22.29.
Brinks Home Security's competitor Protection One (NASDAQ: PONE) fell 3.27% yesterday to end the day at $7.11.
By the way...Want to know what the "CFL" stands for? "Customers for Life." Sweet.