Howmet Aerospace shares tumble 7.03% as valuation concerns trigger profit-taking
AI Summary- Howmet Aerospace shares fell 7.03% as investors reassessed the stock’s elevated valuation.
- Second-quarter EPS reached $1.33, beating estimates by $0.09, while revenue rose 24.1% to $2.55 billion.
- Howmet raised its quarterly dividend to $0.14 and retained a Moderate Buy analyst consensus.