A battleground stock for Wall Street's short sellers is getting hammered [The Business Insider]
Transdigm Group Incorporated (TDG)
Last transdigm group incorporated earnings: 2/4 07:15 am
Check Earnings Report
US:NYSE Investor Relations:
transdigm.com/investor-relations
Company Research
Source: The Business Insider
A battleground stock for Wall Street's short sellers is getting hammered AP Representative Ro Khanna (D-CA) wrote a letter to the inspector general of the Department of Defense, requesting that he look into TransDigm Group, a controversial airplane-part manufacturer and supplier of companies like Boeing. The stock is down over 6% on the news. Khanna's letter accuses the company of "waste, fraud and abuse in the defense and industrial base." He called the company a "hidden monopolist" that engages in "unreasonable" pricing increases. On Wall Street, short sellers have been circling TransDigm for months alleging the same thing. Then in January, Citron Research accused the company of growing through debt-fueled acquisitions and eye-popping price increases, which it passes along to the government. "TransDigm's business model is to aerospace as Valeant was to the pharmaceutical industry," Left wrote. "TransDigm acquires airplane parts companies (over 50 in total), fires empl
Show less
Read more
Impact Snapshot
Event Time:
TDG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TDG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TDG alerts
High impacting Transdigm Group Incorporated news events
Weekly update
A roundup of the hottest topics
TDG
News
- TransDigm: An Expensive Aerospace Stock That's Not Worth Its Sky-High Price [Seeking Alpha]Seeking Alpha
- Global Aircraft Sensors Market Size To Worth USD 10.2 Billion By 2033 | CAGR of 5.99% [Yahoo! Finance]Yahoo! Finance
- UK approves TransDigm-CPI deal with national security condition [Reuters]Reuters
- Global Air Cargo Unit Load Device Market Size To Worth USD 481.6 Million By 2033 | CAGR of 4.26% [Yahoo! Finance]Yahoo! Finance
- Global Aircraft Switches Market Size To Worth USD 3.4 Billion By 2033 | CAGR Of 3.12% [Yahoo! Finance]Yahoo! Finance
TDG
Earnings
- 2/8/24 - Beat
TDG
Sec Filings
- 3/18/24 - Form 4
- 3/15/24 - Form 144
- 3/14/24 - Form 8-K
- TDG's page on the SEC website