ARNC - My Thoughts On Arconic's Downtrend
Arconic (ARNC) is the result of a separation of Alcoa Inc. in 2016. Alcoa Inc. became Arconic and Alcoa Corp. (AA). Alcoa Corp. is focussing on the production and distribution of aluminum while Arconic is a producer of various aluminum products, serving markets ranging from automotive aluminum to aerospace supplies. The stock price is currently more than 40% below its January 2018 highs due to the pressure from rising input prices. Source: Arconic (Photo: Arconic Fasteners)
'Something' Broke In The First Quarter
The first graph of this article is a comparison