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Park Aerospace shares are down 10.7% as of 12:28 p.m. ET, a sharp decline that contrasts with the slight gains in the S&P 500 and the Dow Jones Industrial Average.
The stock movement followed the company's release of second-quarter 2027 financial results after the market closed on the previous day. Investors reacted negatively to the updated guidance provided in that report.
The primary driver of the sell-off is Park Aerospace's decision to lower its sales projections for fiscal 2027 related to GE Aerospace jet engine programs.
The company now expects these specific sales to total between $32 million and $35 million.
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