Alstom Cuts Guidance on Technical and Production Issues
Alstom cut guidance after technical and production issues affected some products, including Coradia Max regional trains. Its shares plunged.
By Sarah SloatShares in Alstom plunged after the French train maker cut guidance due to technical and production issues with some products, including Coradia Max high-capacity regional trains.In the first half of the fiscal year that ends in March, Alstom said technical issues related to the Coradi…