Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • AUD/USD

    0.6506
    +0.0005 (+0.08%)
     
  • OIL

    82.88
    +0.07 (+0.08%)
     
  • GOLD

    2,325.20
    -13.20 (-0.56%)
     
  • Bitcoin AUD

    98,795.88
    -3,724.10 (-3.63%)
     
  • CMC Crypto 200

    1,385.65
    -38.45 (-2.70%)
     
  • AUD/EUR

    0.6074
    +0.0004 (+0.06%)
     
  • AUD/NZD

    1.0948
    +0.0007 (+0.06%)
     
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,295.93
    +94.66 (+0.55%)
     
  • NIKKEI 225

    37,685.06
    -775.02 (-2.02%)
     

Why ATI Stock Is Falling Today

Why ATI Stock Is Falling Today

Specialty materials manufacturer ATI (NYSE: ATI) delivered third-quarter results that were slightly ahead of analyst expectations, but the company trimmed guidance. Investors were more focused on what is to come, sending ATI shares down as much as 13% on Wednesday morning. ATI, formerly known as Allegheny Technologies, produces titanium alloys and other specialty materials primarily for the aerospace and energy markets.