Cpi Aerostructures, Inc. shares fall 8.67% intraday as global economic concerns weigh on markets.

Cpi Aerostructures, Inc. dropped 8.67% in intraday trading. The decline in the stock price may be attributed to the recent economic concerns and weak labor market data from the US, which have put the markets under severe pressure. Additionally, the DAX recovery stalling due to global economic concerns and the focus on the US consumer price index due on Tuesday may have contributed to the negative sentiment in the market.