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Stock impact report

Elizabeth Warren just threw down on a Wall Street battleground stock (TDG) [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
Elizabeth Warren just threw down on a Wall Street battleground stock Sen. Elizabeth Warren (D-MA) is calling for an investigation into TransDigm (TDG), an aerospace parts manufacturer that services the Department of Defense. The stock is down 3% on the news. In a letter obtained by CNBC , Warren said she's been monitoring reports that the company uses its opaque pricing structure to charge exorbitant prices for its parts. In many cases, TDG is the sole manufacturer of these parts. Warren is the second Washington lawmaker to call for a probe into TDG. The first was Rep. Ro Khanna (D-CA), who also wrote a letter to the inspector general of the Department of Defense. Khanna's letter went as far as accusing 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. This echos what Wall Street short sellers have been saying about the company for some time. In January, Citron Res Show less Read more
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