Astronics Shares Fall 8% After Lower-Than-Expected Fourth-Quarter Revenue Guidance
Astronics shares fell 8% to $57 in after-hours trading after its fourth-quarter revenue forecast came in below Wall Street expectations. The stock had closed up 5.1% at $62 and is up 43% this year.
By Natalie WegerShares of Astronics slid after the company's fourth-quarter revenue forecast missed Wall Street expectationsThe stock was off by 8% at $57 per share in after-hours trading on Tuesday. The stock rose 5.1% to $62 at the close, and is up 43% this year.The aerospace and defense electron…