Why Shares of Triumph Group Are Plunging Today

·2 min read
Why Shares of Triumph Group Are Plunging Today

Long-struggling Triumph Group (NYSE: TGI) put out a full-year forecast that came in well short of analyst expectations. Triumph is a manufacturer of a range of components focused primarily on the commercial and military aerospace markets. Triumph has spent the last few years trying to restructure or sell unprofitable businesses, but the pandemic and its impact on commercial aviation has stunted its progress.

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