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Howmet Aerospace Surges to 195th in Trading Volume with $806 Million Day
Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:00 pm ET1min read
On May 30, 2025,
(HWM) saw a trading volume of $806 million, marking a 44.44% increase from the previous day. This surge placed at the 195th position in terms of trading volume for the day. However, the stock price experienced a slight decline of 0.12%, marking the second consecutive day of decrease, with a total drop of 0.25% over the past two days.Howmet Aerospace is set to increase its production of engine parts for
and Airbus narrowbody jets. This move is in response to the planemakers' plans to boost their manufacturing output. CEO John Plant emphasized the need to ramp up production to meet the growing demand for these critical components.During the Bernstein 41st Annual Strategic Decisions Conference, Howmet's CEO John Plant highlighted the company's strategic focus on increasing engine parts production. This decision is driven by the increased output of narrowbody jets from Boeing and Airbus, as well as the growing demand for LEAP engine parts. The company is optimistic about the future of narrowbody production and is positioning itself to capitalize on this market trend.
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