Why Allegheny Technologies (ATI) Dipped More Than Broader Market Today

Allegheny Technologies (ATI) ended the recent trading session at $58.56, demonstrating a -0.71% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.29%. At the same time, the Dow lost 0.32%, and the tech-heavy Nasdaq lost 0.5%.Shares of the maker of steel and specialty metals witnessed a gain of 5.06% over the previous month, beating the performance of the Basic Materials sector with its gain of 1.82% and the S&P 500's gain of 2.52%.The investment ...