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Stock impact report

Graham Corporation (GHM) Stock Trades Down, Here Is Why [Yahoo! Finance]

Graham Corporation (GHM) 
NASDAQ:AMEX Investor Relations: graham-mfg.com/investor-relations-contacts
Company Research Source: Yahoo! Finance
Shares of industrial fluid and energy systems manufacturer Graham Corporation (NYSE: GHM) fell 3.3% in the afternoon session amid a broader market downturn that saw major indexes retreat after hitting new records. The S&P 500 and the tech-heavy Nasdaq both pulled back after touching fresh all-time highs during the trading session. This reversal suggested a pause in the market's recent upward momentum. Overall market sentiment was mixed as investors weighed several factors. An ongoing government shutdown continued to create uncertainty. At the same time, some technology stocks had recently benefited from enthusiasm around artificial intelligence deals. With no specific news released by Graham Corporation, its decline appeared to be tied to the wider market sell-off as traders took some profits off the table. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Graham Corporation? Access our full a Show less Read more
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