General Dynamics Corp (GD): Today's Featured Aerospace/Defense Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.General Dynamics (GD) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 1.3%. By the end of trading, General Dynamics fell $1.51 (-1.4%) to $105.26 on average volume. Throughout the day, 2,761,179 shares of General Dynamics exchanged hands as compared to its average daily volume of 2,101,600 shares. The stock ranged in price between $105.05-$107.25 after having opened the day at $106.33 as compared to the previous trading day's close of $106.77. Other companies within the Aerospace/Defense industry that declined today were: Astrotech Corporation (ASTC), down 7.1%, Frontline (FRO), down 5.1%, Innovative Solutions and Support (ISSC), down 4.1% and Ducommun (DCO), down 3.8%.
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