Howmet Aerospace Surges to 218th in Trading Volume with $755 Million Turnover Amid Tariff Turmoil

Generated by AI AgentAinvest Market Brief
Friday, Apr 4, 2025 8:05 pm ET1min read
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On April 4, 2025, Howmet AerospaceHWM-- (HWM) saw a significant increase in trading volume, with a turnover of $755 million, marking a 151.79% rise from the previous day. This surge placed Howmet at the 218th position in the day's stock market rankings. However, the stock price of Howmet Aerospace (HWM) has declined by 10.14% over the past two days, with a cumulative drop of 16.11%.

Howmet Aerospace, a key supplier of parts for aircraft manufactured by Airbus and Boeing, has declared a force majeure event. This legal maneuver allows the company to suspend its obligations under contracts if impacted by unforeseeable external circumstances, such as the tariffs announced by U.S. President Donald Trump. The company has informed its customers that it will not supply any products or services affected by the declared national emergency or the tariff executive order.

This development comes as a response to the potential disruption caused by Trump's tariffs, which have roiled global financial markets. Howmet's decision to invoke force majeure underscores the significant impact that trade policies can have on supply chains and the aerospace industry. The company's move to halt orders if affected by tariffs highlights the challenges faced by manufacturers in navigating the complex landscape of international trade.

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