Arconic Shares Drops Amid Links to London's Grenfell Tower Blaze

Arconic Drops in Premarket Amid Links to London's Grenfell Tower Blaze
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Arconic Inc. ( (ARNC) - Get Report ) shares were significantly lower in premarket trading Monday amid allegations linked to its involvement in London's deadly Grenfell Tower fire, the country's deadliest since the second World War.

Arconic shares were down 6.81% in New York to $23.80, after closing at $25.54 on Friday.

Reuters on Saturday reported that Arconic knowingly supplied flammable panels to Grenfell Tower, which was the sight of a massive fire June 14 that has killed at least 79 people in fire that raged on June 14.

This article was written by a staff member of TheStreet.