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Why Triumph Group Shares Are Falling Again Today

TheMotleyFool

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Why Triumph Group Shares Are Falling Again TodayPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png

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.

Image source: Getty Images.

Source Fool.com

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