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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.