Why Allegheny Technologies Incorporated Stock Popped Today

Shares of metals company Allegheny Technologies Incorporated (NYSE: ATI) jumped as much as 11.1% in trading Tuesday after the company report first-quarter 2017 earnings. As of 3:50 p.m. EDT, the stock had settled to a 10.3% gain. Revenue was up 14% from a year ago to $865.9 million, and net income was $17.5 million, or $0.16 per share.

 

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