Why Howmet Aerospace Stock Rocketed More Than 12% Skyward Today
HWMHowmet Aerospace(HWM) The Motley Fool·2024-11-07 07:27

The company impressed with both its trailing performance in challenging conditions, and its profitability guidance.Even by the very bullish standards of stock trading on Wednesday, Howmet Aerospace (HWM 12.43%) was an outlier in the best way possible. On news of a massive earnings beat by the aerospace company, investors piled into the stock, sending its share price over 12% higher on the day. That compared extremely favorably to the frothy S&P 500 (^GSPC 2.53%), which booked a relatively generous gain of 2 ...