Tiger Brokers

Howmet Aerospace Inc. Stock Falls 7.5%, Underperforms Peers

Dow Jones
13 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Howmet Aerospace Inc. slid 7.5% to $244.95 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,686.14 and Dow Jones Industrial Average falling 0.7% to 53,185.90.

This was the stock's third consecutive day of losses.

Howmet Aerospace Inc. closed 21.0% below its 52-week high of $310.00, which the company reached on August 6th.

The stock underperformed when compared to some of its peers, as Berkshire Hathaway Inc. Cl A fell 0.2% to $756,650.01, Berkshire Hathaway Inc. Cl B fell 0.2% to $504.03, and TransDigm Group Inc. fell 1.20% to $1,171.74.

Trading volume totaled 9.0 million, compared to the 50-day average of 2.6 million.

Data source: Dow Jones Market Data, FactSet

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