The Biggest Loser: TransDigm Crash Lands on Sales Miss

An earnings beat wasn’t enough to keep TransDigm (TDG) from falling Thursday. The shares fell to the bottom of the S&P 500 after aerospace-parts company unveiled mixed fiscal fourth quarter results and gave disappointing sales guidance for the new fiscal year. The stock fell 6.8% to close at $265.58 a share, making it the worst-performing […]
Source: Barrons

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>