737 MAX production cut weighs on suppliers

|About: Arconic Inc. (ARNC)|By:, SA News Editor

Shares of Boeing suppliers are heading south after the planemaker cut output of its 737 MAX by nearly 20%.

Spirit AeroSystems -7%, Allegheny Technologies (NYSE:ATI) -6.5%, Triumph Group (NYSE:TGI) -5.5%, Hexcel (NYSE:HXL) -2%, Cubic (NYSE:CUB) -1.7%, Rolls-Royce (OTCPK:RYCEY) -1.6%, Pratt & Whitney (NYSE:UTX) -1.4%, TransDigm (NYSE:TDG) -1.2%, Arconic (NYSE:ARNC) -1% and Honeywell (NYSE:HON) -0.5%.

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