Short interest for Triumph Group gives investors a sense of the degree to which investors are betting on the decline of Triumph Group's stock. Short interest data is updated every two weeks.

Triumph Group Stock (NYSE:TGI), Short Interest Report

Triumph Group

Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

Long Ideas

News

Small Cap

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.

Insiders Buying Rockwell Automation And 2 Other Stocks

Earnings

Penny Stocks

Eurozone

Commodities

Global

Intraday Update

AVNW

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

SNAP

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Wednesday.

The Dow traded up 0.47% to 38,701.01 while the NASDAQ rose 0.89% to 15,748.69. The S&amp;P 500 also rose, gaining, 0.82% to 4,994.75.

Nasdaq Surges Over 100 Points; Yum! Brands Posts Downbeat Results

Movers

AOSL

AULT

BERY

CRUS

ENPH

FTNT

FUBO

GDTC

GPRE

GRDI

HAIN

HKIT

KREF

LKCO

MDVL

MLGO

MRDB

NYCB

PERI

PLUS

RCON

REKR

RGNX

SHCO

SLAB

SONO

SUNW

THMO

ULCC

VLCN

VSAT

VSTS

YUMC

Shares of  The Container Store Group, Inc. (NYSE: TCS) shares fell sharply during Wednesday’s session following weak quarterly results.

Why Container Store Group Shares Are Trading Lower By Around 23%? Here Are Other Stocks Moving In Wednesday&#39;s Mid-Day Session

Triumph Group Inc

TRIAD GUARANTY INC by Triad Guaranty Inc.

Triad Guaranty Inc

Tidal ETF Trust SoFi Weekly Income ETF

1933 Industries Inc

TUNG HO STEEL CP 144A by Tung Ho Steel Enterprise Corp.

Tung Ho Steel Enterprise Corp

Goldman Sachs analyst Noah Poponak maintains Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) with a Buy and raises the price target from $18 to $20.

Price Target

Analyst Ratings

Goldman Sachs Maintains Buy on Triumph Group, Raises Price Target to $20

JP Morgan analyst Seth Seifman upgrades Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Underweight to Neutral and raises the price target from $13 to $17.

Upgrades

JP Morgan Upgrades Triumph Group to Neutral, Raises Price Target to $17

<h3>Gainers</h3>
<ul>
<li>Energy Focus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFOI#NASDAQ">EFOI</a>) stock rose 16.2% to $1.86 during Wednesday's after-market session. The market value of their outstanding shares is at $8.7 million. </li>
<li>Lavoro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVRO#NASDAQ">LVRO</a>) stock moved upwards by 4.91% to $6.4. The company's market cap stands at $746.2 million. </li>
<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) stock increased by 4.26% to $0.35. The market value of their outstanding shares is at $2.1 million. </li>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) shares increased by 2.9% to $2.48. The market value of their outstanding shares is at $14.8 million. </li>
<li>Gaucho Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINO#NASDAQ">VINO</a>) shares rose 2.66% to $0.64. The market value of their outstanding shares is at $4.6 million. </li>
<li>Mesa Air Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESA#NASDAQ">MESA</a>) stock increased by 2.46% to $0.84. The company's market cap stands at $34.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Erayak Power Solution Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAYA#NASDAQ">RAYA</a>) shares decreased by 11.7% to $0.64 during Wednesday's after-market session. The market value of their outstanding shares is at $9.6 million. </li>
<li>Shengfeng Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFWL#NASDAQ">SFWL</a>) stock decreased by 5.53% to $1.71. The market value of their outstanding shares is at $141.0 million. </li>
<li>Performant Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFMT#NASDAQ">PFMT</a>) stock fell 4.9% to $2.33. The market value of their outstanding shares is at $179.2 million. </li>
<li>AERWINS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) stock decreased by 3.48% to $4.52. The market value of their outstanding shares is at $3.2 million. </li>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) shares fell 2.92% to $0.27. The company's market cap stands at $36.0 million. </li>
<li>Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) shares declined by 2.91% to $13.32. The market value of their outstanding shares is at $1.0 billion. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AREB

AWIN

EFOI

LVRO

MESA

NCNC

PFMT

PIXY

RAYA

SFWL

VINO

12 Industrials Stocks Moving In Wednesday's After-Market Session

Wolfe Research analyst Myles Walton upgrades Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) from Peer Perform to Outperform and announces $18 price target.

Wolfe Research Upgrades Triumph Group to Outperform, Announces $18 Price Target

Goldman Sachs analyst Noah Poponak reinstates Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) with a Buy and announces $18 price target.

Initiation

Goldman Sachs Reinstates Buy on Triumph Group, Announces $18 Price Target

Guidance

Triumph Group Sees Q4 2024 Revenue $336.5M-$366.5M Vs $354.946M Est.

Triumph Group Reaffirms FY24 Revenue $1.17B-$1.20B Vs $1.238B Est.

Triumph Group, Inc., (TRIUMPH) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) today announced that its Geared Solutions business in Macomb, Michigan has been awarded a long term agreement from MD Helicopters to manufacturer and assemble main rotor gearbox transmissions for the MD500 platforms. TRIUMPH has supported MD Helicopters for over two decades, producing over 400 gearboxes for this program. With this contract extension, TRIUMPH will continue to supply helicopter transmissions and transmission spare parts for the MD500 program.
"TRIUMPH Geared Solutions is pleased to be extending our long-standing relationship with MD Helicopters, supplying main rotor transmissions and spare transmission parts in support of their fleet of 1,700 MD500-series helicopters," said Pete Gibson, President of TRIUMPH Geared Solutions. "The growing demand for helicopter orders is evidence of the leadership and operational performance at MD Helicopters, and we are proud to be partner with them as they increase production rates up to 30 per year."
"We are pleased to continue our partnership with Triumph and focus on a longstanding and sustainable relationship for our organizations and customers. This will help improve the timely delivery of parts to support production and aftermarket repairs," said&nbsp;Harvey Ticlo, MD Helicopters Chief Operating Officer.

Contracts

Triumph Awarded Long Term Contract From MD Helicopters To Manufacturer And Assemble Main Rotor Gearbox Transmissions For The MD500 Platforms; No Financial Terms Disclosed

&nbsp;The offering was upsized to&nbsp;$550 million&nbsp;from the original offering size of&nbsp;$500 million&nbsp;in aggregate principal amount of Notes. The Notes will bear interest at a fixed annual rate of&nbsp;6.750%&nbsp;and will mature on&nbsp;March 15, 2029. The offering is expected to close on&nbsp;March 1, 2024, subject to customary closing conditions. 
The Company intends to use the net proceeds of the senior notes offering to fund a portion of the purchase price for its pending acquisition of Triumph Group&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) Product Support business (the &quot;Triumph Product Support Acquisition&quot;).

AAR Prices Upsized Offering of $550M 6.750% Senior Notes Due 2029 To Finance Triumph Product Support Acquisition

<ul>
<li>Announces proposed offering of $500 million of senior notes due 2029</li>
<li>The acquisition will be financed with the proceeds from the proposed notes offering and use of the expanded revolver</li>
</ul>
WOOD DALE, Ill., Feb. 14, 2024 /PRNewswire/ -- AAR CORP. ("AAR" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that AAR Escrow Issuer, LLC, a wholly owned, unrestricted subsidiary of the Company (the "Escrow Issuer"), intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of senior notes due 2029 (the "Notes").
The Company intends to use the net proceeds of the proposed senior notes offering to fund a portion of the purchase price for its pending acquisition of Triumph Group's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) Product Support business (the "Triumph Product Support Acquisition").
Substantially concurrently with the consummation of the Triumph Product Support Acquisition, the Company intends to amend its revolving credit facility (the "Revolving Credit Facility") to, among other things, increase the aggregate lending commitments thereunder from $620 million to at least $795 million. The Company intends to fund the balance of the acquisition consideration with cash on hand and borrowings under the Revolving Credit Facility, as amended.
If the proposed senior notes offering closes prior to the consummation of the Triumph Product Support Acquisition, (1) the gross proceeds from the offering will be deposited into an escrow account for the benefit of the holders of the Notes until the date on which certain escrow conditions are satisfied, including the closing of the Triumph Product Support Acquisition, and (2) the Notes will be subject to a special mandatory redemption at a price equal to 100% of the initial issue price of the Notes, plus accrued and unpaid interest, if any, from the issue date of the Notes, to, but excluding, the date of the special mandatory redemption. If the proposed senior notes offering closes substantially concurrently with the consummation of the Triumph Product Support Acquisition, the Notes will not be subject to the aforementioned procedures.
Prior to the consummation of the Triumph Product Support Acquisition, the Notes will be the sole obligation of the Escrow Issuer. Substantially concurrently with the consummation of the Triumph Product Support Acquisition, the Escrow Issuer will merge with and into the Company, with the Company continuing as the surviving entity. The Company will then assume the obligations of the Escrow Issuer under the Notes and the indenture governing the Notes, and the&nbsp;Notes will be fully and unconditionally guaranteed by each of the Company's subsidiaries that guarantee the Company's obligations under the Revolving Credit Facility.
The Notes and the related guarantees have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction. The Notes and the related guarantees may not be offered or sold in the United States or to, or for the benefit of, U.S. persons absent registration or pursuant to an exemption from, or in a transaction not subject to, registration. The Notes and related guarantees will be offered and sold only to persons reasonably believed to be "qualified institutional buyers" in accordance with Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.
This press release is neither an offer to sell, nor the solicitation of an offer to buy, the Notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

Financing

Offerings

AAR Announces Update To Financing Of Triumph Product Support Acquisition Of Triumph Group's Product Support Business; Announces Proposed Offering Of $500M Of Senior Notes Due 2029

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Triumph Group </h3>
<ul>
<li>The Trade: Triumph Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgi#NYSE">TGI</a>) Director Neal J Keating <a href="https://www.benzinga.com/quote/JSPR/analyst-ratings"> acquired a total of 7,200 shares </a> an average price of $14.53. To acquire these shares, it cost around $104,616.00.</li>
<li>What&rsquo;s Happening: Triumph reported below-consensus third-quarter results and cut the FY24 outlook.</li>
<li>What Triumph Group Does: Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry.</li>
</ul>
<h3>RXO </h3>
<ul>
<li>The Trade: RXO, Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rxo#NYSE">RXO</a>) 10% owner Farhad Nanji acquired a total of 1,832,906 shares at an average price of $20.67. To acquire these shares, it cost around $37,879,452.</li>
<li>What&rsquo;s Happening: RXO reported worse-than-expected fourth-quarter revenue results.</li>
<li>What RXO Does: RXO Inc is a brokered transportation platform defined by cutting-edge technology and a nimble, asset-light business model, with the largest component being core truck brokerage business.</li>
</ul>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
<h3>Rockwell Automation </h3>
<ul>
<li>The Trade: Rockwell Automation, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rok#NYSE">ROK</a>) President and CEO Blake D. Moret <a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 3,500 shares </a> at an average price of $283.65. To acquire these shares, it cost around $992,757.</li>
<li>What&rsquo;s Happening: Rockwell Automation reported worse-than-expected first-quarter results.</li>
<li>What Rockwell Automation Does: Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001.</li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37062571/jim-cramer-says-this-construction-giant-is-so-good-and-goes-higher"> Jim Cramer Says This Construction Giant Is &#39;So Good&#39; And &#39;Goes Higher&#39; </a>
&nbsp;

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Wednesday.
The Dow traded up 0.47% to 38,701.01 while the NASDAQ rose 0.89% to 15,748.69. The S&amp;P 500 also rose, gaining, 0.82% to 4,994.75.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/36978503/top-5-energy-stocks-that-may-explode-in-february"> Top 5 Energy Stocks That May Explode In February </a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Consumer discretionary shares rose by 1.1% on Wednesday.
In trading on Wednesday, energy shares fell by 0.2%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Yum! Brands Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yum#NYSE">YUM</a>) reported weaker-than-expected results for its fourth quarter on Wednesday.
The company posted fourth-quarter fiscal 2023 sales growth of 1% year-on-year to $2.04 billion, missing the analyst consensus estimate of $2.11 billion. Adjusted EPS was $1.26, below the consensus of $1.40.
<h3>
Equities Trading UP</h3>
&nbsp;
MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares shot up 497% to $8.95. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.
Shares of Glatfelter Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/glt#NYSE">GLT</a>) got a boost, surging 72% to $2.20 after the company and Berry Global announced they entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business with Glatfelter.
Aviat Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avnw#NASDAQ">AVNW</a>) shares were also up, gaining 25% to $37.47 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Triumph Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgi#NYSE">TGI</a>) shares dropped 18% to $13.46 after the company reported below-consensus third-quarter results and cut the FY24 outlook.
Shares of The Container Store Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tcs#NYSE">TCS</a>) were down 41% to $0.9998 following weak quarterly results.
Snap Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/snap#NYSE">SNAP</a>) was down, falling 35% to $11.30 after the company reported mixed quarterly results.
Also Check This Out:<a href="https://www.benzinga.com/news/24/02/36981099/spotify-to-rally-around-36-here-are-10-top-analyst-forecasts-for-wednesday"> Spotify To Rally Around 36%? Here Are 10 Top Analyst Forecasts For Wednesday </a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.8% to $73.89&nbsp;while gold traded mostly flat at $2,051.10.
Silver traded down 0.5% to $22.365 on Wednesday while copper fell 1.2% to $3.7365.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were lower today. The eurozone&rsquo;s STOXX 600 fell 0.23%, London&rsquo;s FTSE 100 fell 0.68% while Spain&rsquo;s IBEX 35 Index fell 1.15% The German DAX fell 0.65% French CAC 40 fell 0.36% while Italy&rsquo;s FTSE MIB Index fell 0.45%.
France&rsquo;s current account deficit shrank to EUR 0.7 billion in December versus a revised EUR 2.9 billion in the prior month, while trade deficit increased to &euro;6.83 billion in December from a &euro;5.9 billion gap in the previous month.
The Halifax House Price Index rose by 2.5% year-over-year in January, while German industrial output declined by 1.6% month-over-month in December.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mixed on Wednesday, with Japan&rsquo;s Nikkei 225 falling 0.11%, Hong Kong&rsquo;s Hang Seng Index falling 0.34% and China&rsquo;s Shanghai Composite Index gaining 1.44%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, fell 0.06%.
China&#39;s vehicle sales climbed by 47.9% year-over-year to 2.44 million units in January. China&#39;s foreign exchange reserves fell to $3.219 trillion in January from $3.238 trillion in the prior month. Foreign exchange reserves in Hong Kong fell to $423.2 billion in January.
The index of leading economic indicators in Japan rose to 110.0 in December versus a revised reading of 108.1 in the previous month, while index of coincident economic indicators rose to 116.2 in December from a final reading of 114.6. Reserve assets in Japan declined to $1.292 trillion in January from $1.295 trillion a month ago.
&nbsp;
<h3>Economics</h3>
&nbsp;
U.S. mortgage applications increased by 3.7% on the week ending Feb. 2.
The trade deficit in the U.S. came in at $62.2 billion in December versus a revised $61.9 billion gap in November.
Crude oil inventories in the U.S. increased by 5.521 million barrels in the week ending Feb. 2, , the most since mid-November.
Now Read This: <a href="https://www.benzinga.com/news/24/02/36977073/wall-streets-most-accurate-analysts-hold-sell-these-3-tech-and-telecom-stocks-with-over-3-dividend-y"> Wall Street&#39;s Most Accurate Analysts&#39; Views On 3 Tech And Telecom Stocks With Over 3% Dividend Yields </a>

Shares of The Container Store Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tcs#NYSE">TCS</a>) shares fell sharply during Wednesday&rsquo;s session following weak quarterly results.
Container Store Group posted adjusted loss of 8 cents per share, compared to market expectations for a loss of 5 cents per share. The company&rsquo;s quarterly sales came in at $214.90 million versus estimates of $220.72 million.
Container Store Group shares dipped 22.7% to $1.3150 on Wednesday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares jumped 400% to $7.51. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.</li>
<li>SMX (Security Matters) Public Limited Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smx#NASDAQ">SMX</a>) shares climbed 138% to $0.5528.</li>
<li>Glatfelter Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/glt#NYSE">GLT</a>) climbed 68.8% to $2.1450 after the company and Berry Global announced they entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business with Glatfelter.</li>
<li>MariaDB plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mrdb#NYSE">MRDB</a>) gained 57% to $0.3782 after jumping more than 26% on Tuesday.</li>
<li>ThermoGenesis Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thmo#NASDAQ">THMO</a>) climbed 37.7% to $0.8101.</li>
<li>Recon Technology, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcon#NASDAQ">RCON</a>) rose 33.3% to $0.1934.</li>
<li>Ault Alliance, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ault#NYSE">AULT</a>) surged 28.1% to $0.4549. Ault Alliance said it determined not to pursue new acquisitions during 2024, though it may continue to make strategic investments.</li>
<li>Luokung Technology Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lkco#NASDAQ">LKCO</a>) gained 27.4% to $0.6269.</li>
<li>MicroAlgo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlgo#NASDAQ">MLGO</a>) rose 27% to $0.4939.</li>
<li>Aviat Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avnw#NASDAQ">AVNW</a>) surged 23.7% to $37.20 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Jianpu Technology Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jt#NYSE">JT</a>) gained 18.5% to $0.7584.</li>
<li>Enphase Energy, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/enph#NASDAQ">ENPH</a>) rose 17.7% to $118.36 after the company reported quarterly financial results.</li>
<li>Sonos, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sono#NASDAQ">SONO</a>) gained 17.6% to $19.36 after the company reported better-than-expected quarterly financial results.</li>
<li>XPO, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xpo#NYSE">XPO</a>) climbed 16.6% to $114.34 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Cirrus Logic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crus#NASDAQ">CRUS</a>) gained 15.1% to $90.28 after the company reported better-than-expected quarterly financial results.</li>
<li>Green Plains Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gpre#NASDAQ">GPRE</a>) climbed 14.6% to $22.94 following quarterly results.</li>
<li>Hitek Global Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hkit#NASDAQ">HKIT</a>) rose 14.1% to $0.81.</li>
<li>Griffon Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gff#NYSE">GFF</a>) gained 13.8% to $68.55 following upbeat results.</li>
<li>REGENXBIO Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgnx#NASDAQ">RGNX</a>) rose 13.3% to $14.78. Regenxbio has completed enrollment at dose level 2 and reported additional interim safety and efficacy in Phase 1/2 AFFINITY DUCHENNE trial of Rgx-202 in patients with Duchenne Muscular Dystrophy ages 4 to11 years old.</li>
<li>O-I Glass, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oi#NYSE">OI</a>) climbed 12.7% to $16.19 following upbeat results.</li>
<li>Frontier Group Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ulcc#NASDAQ">ULCC</a>) rose 11.3% to $6.93. Frontier reported fourth-quarter financial results and issued guidance.</li>
<li>Silicon Laboratories Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/slab#NASDAQ">SLAB</a>) jumped 11.1% to $131.43 after the company reported better-than-expected quarterly financial results and issued guidance.</li>
<li>Griid Infrastructure Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grdi#NASDAQ">GRDI</a>) gained 10.9% to $2.35 after gaining over 4% on Tuesday.</li>
<li>Emerson Electric Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/emr#NYSE">EMR</a>) climbed 10.8% to $104.44 after the company reported better-than-expected quarterly earnings and raised FY24 outlook.</li>
<li>Yum China Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yumc#NYSE">YUMC</a>) shares rose 9.9% to $41.14 after the company reported fourth-quarter financial results and increased its dividend.</li>
<li>IHS Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ihs#NYSE">IHS</a>) gained 8.1% to $3.1250.</li>
<li>Fortinet, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ftnt#NASDAQ">FTNT</a>) rose 4% to $70.13 after the company reported better-than-expected fourth-quarter financial results and issued guidance.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Snap Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/snap#NYSE">SNAP</a>) shares dipped 35.2% to $11.30 after the company reported mixed fourth-quarter results.</li>
<li>Sunworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>) shares fell 29.1% to $0.0617. Sunworks shares dipped 58% on Tuesday after the company announced it ceased operations and filed voluntary petitions for relief under the provisions of Chapter 7 of Title 11 of the United States Code.</li>
<li>CytoMed Therapeutics Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gdtc#NASDAQ">GDTC</a>) dipped 26.7% to $2.25.</li>
<li>fuboTV Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fubo#NYSE">FUBO</a>) shares fell 25.7% to $1.8650 after gaining around 4% on Tuesday.</li>
<li>Volcon, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vlcn#NASDAQ">VLCN</a>) tumbled 23.6% to $2.62.</li>
<li>The E.W. Scripps Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssp#NASDAQ">SSP</a>) fell 22.8% to $5.74.</li>
<li>MedAvail Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mdvl#NASDAQ">MDVL</a>) shares declined 20.4% to $2.61 after jumping 92% on Tuesday.</li>
<li>Triumph Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgi#NYSE">TGI</a>) fell 18.8% to $13.35 after the company reported below-consensus third-quarter results and cut the FY24 outlook.</li>
<li>Perion Network Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/peri#NASDAQ">PERI</a>) fell 18.6% to $24.00 after the company issued worse-than-expected FY24 outlook.</li>
<li>ePlus inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plus#NASDAQ">PLUS</a>) shares declined 17.6% to $64.50 after the company reported worse-than-expected third-quarter results.</li>
<li>The Hain Celestial Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hain#NASDAQ">HAIN</a>) fell 16.9% to $9.42 after the company reported worse-than-expected quarterly revenue results.</li>
<li>Soho House &amp; Co Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shco#NYSE">SHCO</a>) fell 15.9% to $5.20.</li>
<li>KKR Real Estate Finance Trust Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kref#NYSE">KREF</a>) shares dipped 14.3% to $10.09 following fourth-quarter results.</li>
<li>Alpha and Omega Semiconductor Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aosl#NASDAQ">AOSL</a>) fell 14.1% to $22.11. The company reported second-quarter financial results and issued revenue guidance.</li>
<li>New York Community Bancorp, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nycb#NYSE">NYCB</a>) shares declined 12.8% to $3.6599. Fitch downgraded NYCB&rsquo;s long-term credit rating to one notch above non-investment grade at BBB-. Moody&rsquo;s downgraded NYCB&#39;s debt rating from Baa3 to Ba2.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) fell 12.7% to $19.88 after the company reported quarerly financial results.</li>
<li>V.F. Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vfc#NYSE">VFC</a>) shares declined 12.2% to $14.88 after the company reported worse-than-expected third-quarter financial results.</li>
<li>Vestis Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vsts#NYSE">VSTS</a>) fell 10.2% to $20.03 after the company reported worse-than-expected first-quarter sales results.</li>
<li>Rekor Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rekr#NASDAQ">REKR</a>) fell 9.5% to $2.7150 after the company announced the launch of a proposed follow-on public offering of common stock.</li>
<li>Berry Global Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bery#NYSE">BERY</a>) fell 9.2% to $58.35 after the company reported below-consensus first-quarter FY24 results and disclosed a deal for a tax-free spin-off and merger of Berry&#39;s Health.</li>
<li>Valley National Bancorp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vly#NASDAQ">VLY</a>) declined 8.3% to $7.49.</li>
<li>ADDvantage Technologies Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aey#NASDAQ">AEY</a>) fell 6.6% to $0.5790 after surging 77% on Tuesday.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/02/36983037/mckesson-earnings-are-imminent-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate"> McKesson Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street&#39;s Most Accurate Analysts</a>

Why Container Store Group Shares Are Trading Lower By Around 23%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>XPO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) shares rose 17.6% to $115.32 during Wednesday's regular session. The company's market cap stands at $13.3 billion. As per the press release, Q4 earnings came out today. </li>
<li>AZEK Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>) shares increased by 12.97% to $44.74. The company's market cap stands at $6.5 billion. The company's, Q1 earnings came out yesterday. </li>
<li>Ault Alliance (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AULT#AMEX">AULT</a>) stock rose 11.23% to $0.4. The company's market cap stands at $1.1 million. </li>
<li>Griffon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFF#NYSE">GFF</a>) shares increased by 11.16% to $66.93. The company's market cap stands at $3.4 billion. The company's, Q1 earnings came out today. </li>
<li>Emerson Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) shares moved upwards by 10.56% to $104.22. The company's market cap stands at $59.5 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Multi Ways Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MWG#AMEX">MWG</a>) stock moved upwards by 9.21% to $0.32. The market value of their outstanding shares is at $9.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sunworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SUNW#NASDAQ">SUNW</a>) stock fell 25.8% to $0.06 during Wednesday's regular session. The company's market cap stands at $3.6 million. </li>
<li>KULR Tech Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>) stock declined by 19.65% to $0.14. The market value of their outstanding shares is at $17.8 million. </li>
<li>Pixie Dust Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PXDT#NASDAQ">PXDT</a>) shares fell 18.21% to $5.3. The market value of their outstanding shares is at $77.9 million. </li>
<li>Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) shares fell 17.77% to $13.52. The market value of their outstanding shares is at $1.0 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Ambipar Emergency (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMBI#AMEX">AMBI</a>) stock fell 13.39% to $6.02. The market value of their outstanding shares is at $333.6 million. </li>
<li>NuScale Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) stock declined by 12.64% to $2.49. The company's market cap stands at $191.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMBI

AZEK

KULR

PXDT

12 Industrials Stocks Moving In Wednesday's Intraday Session

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.
The Dow traded up 0.37% to 38,665.47 while the NASDAQ rose 0.83% to 15,737.97. The S&amp;P 500 also rose, gaining, 0.76% to 4,991.73.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/36978503/top-5-energy-stocks-that-may-explode-in-february"> Top 5 Energy Stocks That May Explode In February </a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Information technology shares rose by 1.1% on Wednesday.
In trading on Wednesday, energy shares fell by 0.1%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Crude oil inventories in the U.S. increased by 5.521 million barrels in the week ending Feb. 2, , the most since mid-November.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares shot up 450% to $8.25. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.
Shares of Glatfelter Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/glt#NYSE">GLT</a>) got a boost, surging 77% to $2.27 after the company and Berry Global announced they entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business with Glatfelter.
Aviat Networks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avnw#NASDAQ">AVNW</a>) shares were also up, gaining 24% to $37.33 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Triumph Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tgi#NYSE">TGI</a>) shares dropped 19% to $13.39 after the company reported below-consensus third-quarter results and cut the FY24 outlook.
Shares of The Container Store Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tcs#NYSE">TCS</a>) were down 26% to $1.2512 following weak quarterly results.
Snap Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/snap#NYSE">SNAP</a>) was down, falling 35% to $11.38 after the company reported mixed quarterly results.
Also Check This Out:<a href="https://www.benzinga.com/news/24/02/36981099/spotify-to-rally-around-36-here-are-10-top-analyst-forecasts-for-wednesday"> Spotify To Rally Around 36%? Here Are 10 Top Analyst Forecasts For Wednesday </a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.5% to $73.68 while gold traded up 0.2% at $2,054.50.
Silver traded down 0.3% to $22.42 on Wednesday while copper fell 1.2% to $3.7410.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were lower today. The eurozone&rsquo;s STOXX 600 fell 0.23%, London&rsquo;s FTSE 100 fell 0.68% while Spain&rsquo;s IBEX 35 Index fell 1.15% The German DAX fell 0.65% French CAC 40 fell 0.36% while Italy&rsquo;s FTSE MIB Index fell 0.45%.
France&rsquo;s current account deficit shrank to EUR 0.7 billion in December versus a revised EUR 2.9 billion in the prior month, while trade deficit increased to &euro;6.83 billion in December from a &euro;5.9 billion gap in the previous month.
The Halifax House Price Index rose by 2.5% year-over-year in January, while German industrial output declined by 1.6% month-over-month in December.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mixed on Wednesday, with Japan&rsquo;s Nikkei 225 falling 0.11%, Hong Kong&rsquo;s Hang Seng Index falling 0.34% and China&rsquo;s Shanghai Composite Index gaining 1.44%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, fell 0.06%.
China&#39;s vehicle sales climbed by 47.9% year-over-year to 2.44 million units in January. China&#39;s foreign exchange reserves fell to $3.219 trillion in January from $3.238 trillion in the prior month. Foreign exchange reserves in Hong Kong fell to $423.2 billion in January.
The index of leading economic indicators in Japan rose to 110.0 in December versus a revised reading of 108.1 in the previous month, while index of coincident economic indicators rose to 116.2 in December from a final reading of 114.6. Reserve assets in Japan declined to $1.292 trillion in January from $1.295 trillion a month ago.
&nbsp;
<h3>Economics</h3>
&nbsp;
U.S. mortgage applications increased by 3.7% on the week ending Feb. 2.
The trade deficit in the U.S. came in at $62.2 billion in December versus a revised $61.9 billion gap in November.
Crude oil inventories in the U.S. increased by 5.521 million barrels in the week ending Feb. 2, , the most since mid-November.
Now Read This: <a href="https://www.benzinga.com/news/24/02/36977073/wall-streets-most-accurate-analysts-hold-sell-these-3-tech-and-telecom-stocks-with-over-3-dividend-y"> Wall Street&#39;s Most Accurate Analysts&#39; Views On 3 Tech And Telecom Stocks With Over 3% Dividend Yields </a>

Crude Oil Edges Higher; Snap Shares Plummet

Triumph Group Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) shares are trading lower after the company reported below-consensus third-quarter results&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/n36975581/triumph-reports-third-quarter-fiscal-2024-results" rel="noreferrer noopener">and cut the FY24 outlook</a>.
Sales of $285.0 million (+13% Y/Y organically) missed the consensus of $368.4 million. The company reported an adjusted EPS loss of $(0.16), <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">missing the consensus of $0.14.</a>
Adjusted operating income was $19.8 million (vs. $24.4 million a year ago), with an adjusted operating margin of 6.9%, down from 9.3%.
Adjusted EBITDAP fell to $27.7 million from $32.6 million in the prior year quarter, and the margin contracted to 9.8% from 12.5% a year ago.
Operating cash flow stood at $27.6 million, and free cash flow reached $22.4 million. The backlog was $1.87 billion, up 18% Y/Y, led by commercial OEM platforms.
FY24 Outlook Cut:&nbsp;Triumph lowered net sales guidance to $1.17 billion-$1.20 billion (from $1.43 billion-$1.47 billion&nbsp;<a target="_blank" href="https://www.triumphgroup.com/news/69580990-072c-4973-9b6f-e813033ebd38" rel="noreferrer noopener">earlier</a>) vs. $1.46 billion street view.
Triumph now projects an operating income of $100.0 million to $110.0 million (vs. $152.0 million to $167.0 million prior) and adjusted EBITDAP of $157.0 million to $167.0 million (<a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">vs. $216.0 million to $231.0 million earlier)</a>.
Triumph reaffirmed cash flow from operations outlook of $65 million-$85 million.
Dan Crowley, chairman, president and chief executive officer, said, &#8220;We expect a very strong fourth quarter that benefits from deferred deliveries, historical seasonality, improving mix and incremental price improvements as well as working capital investments we made in the first half of the year.&#8221;&nbsp;
In December 2023, the company announced the sale of its Product Support business to&nbsp;AAR Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>) in a&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/23/12/36344745/why-aerospace-company-triumph-shares-are-skyrocketing-today" rel="noreferrer noopener">transaction valued at $725 million</a>.
Crowley added, &#8220;Following the divestiture, we are right sizing our cost structure to achieve our multi-year profit margin and cash flow targets. By strengthening our balance sheet and focusing on our OEM component, spares and IP-based aftermarket business, TRIUMPH will further improve its capacity to win and profitably grow in the expanding markets we serve.&#8221;
Price Action:&nbsp;TGI shares are down 17.2% at $13.61 on the last check Wednesday.

Equities

Why Aerospace Company Triumph Shares Are Tumbling Today

<h3>Gainers</h3>
<ul>
<li>Twin Disc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWIN#NASDAQ">TWIN</a>) stock increased by 12.7% to $17.5 during Wednesday's pre-market session. The company's market cap stands at $244.3 million. As per the news, the Q2 earnings report came out today. </li>
<li>Northann (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NCL#AMEX">NCL</a>) shares increased by 11.7% to $0.86. The market value of their outstanding shares is at $18.3 million. </li>
<li>AZEK Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>) stock rose 11.59% to $44.19. The market value of their outstanding shares is at $6.4 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Advent Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) shares moved upwards by 11.31% to $0.19. The market value of their outstanding shares is at $13.4 million. </li>
<li>Shengfeng Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFWL#NASDAQ">SFWL</a>) shares moved upwards by 8.82% to $1.85. The company's market cap stands at $152.4 million. </li>
<li>FREYR Battery (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FREY#NYSE">FREY</a>) stock moved upwards by 7.85% to $1.51. The market value of their outstanding shares is at $210.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) stock decreased by 20.3% to $13.1 during Wednesday's pre-market session. The market value of their outstanding shares is at $1.0 billion. As per the press release, Q3 earnings came out today. </li>
<li>Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) stock fell 19.34% to $24.4. The company's market cap stands at $1.4 billion. The company's, Q2 earnings came out yesterday. </li>
<li>Dragonfly Energy Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFLI#NASDAQ">DFLI</a>) stock decreased by 7.18% to $0.45. The market value of their outstanding shares is at $26.8 million. </li>
<li>Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) shares fell 5.18% to $1.1. The market value of their outstanding shares is at $80.9 million. </li>
<li>Pangaea Logistics Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANL#NASDAQ">PANL</a>) stock declined by 4.93% to $8.1. The company's market cap stands at $376.3 million. </li>
<li>Mesa Air Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESA#NASDAQ">MESA</a>) shares fell 4.57% to $0.93. The market value of their outstanding shares is at $38.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DFLI

FREY

MRCY

Nuveen Insured California Premium Fund Ii

PANL

SRFM

TWIN

12 Industrials Stocks Moving In Wednesday's Pre-Market Session

WIIM

Triumph Group shares are trading lower after the company reported below-consensus third-quarter results and cut the FY24 outlook.

Triumph Group Lowered FY24 Outlook: Net Sales To $1.17B-$1.20B (Prior $1.43B-$1.47B) Vs $1.46B Est.

Triumph Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGI#NYSE">TGI</a>) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $0.14 by 214.29 percent. This is a 500 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $285.00 million which missed the analyst consensus estimate of $368.39 million by 22.64 percent. This is a 8.90 percent increase over sales of $261.70 million the same period last year.

Triumph Group Q3 Adj. EPS $(0.16) Misses $0.14 Estimate, Sales $285.00M Miss $368.39M Estimate

Biden seeks $895 billion for defense spending amid global conflicts

Noah Poponak, an analyst from Goldman Sachs, has initiated a new Buy rating on Triumph Group (TGI). Noah Poponak has given his Buy rating due to a ...

Buy Rating for Triumph Group: Aerospace Delivery Growth and Robust Financials Signal Upside Potential

Triumph Group rated Buy in reinstated coverage at Goldman Sachs

AAR Corp. Stock Remains A Buy After Share Price Tumbles

Wolfe Research upgrades Triumph Group to Outperform, eyes ~25% upside to new PT

The market has been high on Triumph Group Inc (TGI)  stock recently. TGI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator. Triumph Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TGI!See Full TGI ReportWhat is Stock Sentiment?In investing,

Is Triumph Group Inc (TGI) Stock About to Get Hot Thursday?

Lockheed Martin upgraded at J.P. Morgan on valuation

Analyst Ronald Epstein of Bank of America Securities reiterated a Buy rating on Triumph Group (TGI – Research Report), with a price target of $17.0...

Triumph Group: Strategic Divestiture and Restructuring Poised to Enhance Valuation and Operational Efficiency

U.S., Saudi Arabia are said to be close to signing defense treaty

Triumph Group Stock: Lower Debt And Leverage Provides A More Compelling Value Proposition

AVAV

AXON

BAESY

EADSY

ESLT

KTOS

RYCEY

SAFRY

SAIC

TGIDW

Press Releases

TRIUMPH WINS CONTRACT TO UPGRADE U.S. ARMY CHINOOK HELICOPTERS

TRIUMPH AWARDED FIVE YEAR CONTRACT FROM ASIA PACIFIC OPERATOR

TRIUMPH REPORTS THIRD QUARTER FISCAL 2024 RESULTS

AAR announces update to financing of Triumph Product Support acquisition

AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition

TRIUMPH ANNOUNCES OFFER TO PURCHASE A PORTION OF ITS 9.000% SENIOR SECURED FIRST LIEN NOTES DUE MARCH 14, 2028

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Triumph Group Stock (NYSE:TGI), Short Interest Report

People Also Watch