Here's Why Allegheny Technologies (ATI) Fell More Than Broader Market

In the latest trading session, Allegheny Technologies (ATI) closed at $55.45, marking a -1.23% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.11% for the day. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 1.49%.Heading into today, shares of the maker of steel and specialty metals had lost 6.62% over the past month, outpacing the Basic Materials sector's loss of 8.24% and lagging the S&P 500's gain of 0.4% in that time.A ...