Advertisement
Singapore markets close in 4 hours 51 minutes
  • Straits Times Index

    3,286.22
    -1.53 (-0.05%)
     
  • Nikkei

    37,893.29
    +264.81 (+0.70%)
     
  • Hang Seng

    17,615.67
    +331.13 (+1.92%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,370.06
    +126.65 (+0.20%)
     
  • CMC Crypto 200

    1,390.56
    +7.98 (+0.58%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,346.80
    +4.30 (+0.18%)
     
  • Crude Oil

    83.82
    +0.25 (+0.30%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.62
    +4.37 (+0.28%)
     
  • Jakarta Composite Index

    7,116.92
    -38.37 (-0.54%)
     
  • PSE Index

    6,565.37
    -9.51 (-0.14%)
     

Why AAR Stock Is Down Today

Why AAR Stock Is Down Today

Aerospace and defense supplier AAR (NYSE: AIR) reported mixed results in its most recent fiscal quarter. In a brutal environment for stocks, investors are tending to see the glass half empty, sending shares of AAR down more than 10% early Friday afternoon. AAR provides spare parts and other aftermarket services to defense and commercial aerospace companies and has operations in more than 20 countries.