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TGI - Why Triumph Group Shares Are Falling Again Today
Triumph Group Inc.
On Wednesday, Triumph Group (NYSE: TGI) shares plunged following the aerospace company's quarterly earnings report. Analysts weighed in overnight, and as a result the stock is down another 17% on Thursday afternoon.
Triumph makes a range of components for military and commercial aerospace platforms. The company is the middle of a multiyear restructuring, seeking to restructure or sell unprofitable businesses.