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03.07.2019 04:37:00

Why Shares of Triumph Group Nearly Doubled in the First Half of 2019

Shares of Triumph Group (NYSE: TGI) soared 99.1% in the first six months of 2019, according to data provided by S&P Global Market Intelligence, as the long-struggling aerospace component manufacturer finally showed some progress toward a turnaround. The shares still have a considerable hill to climb before long-term holders are in the green, but at least Triumph finally appears to be heading in the right direction.Triumph, a holding company that over the years has rolled up a number of disparate aerospace component businesses, has struggled in recent years to generate solid and consistent profits. But the company is now under new leadership. CEO Daniel J. Crowley was appointed in January 2016 with a mandate to simplify the company's 47 different operating entities spread across 72 locations worldwide.A Triumph Group-made wing assembly. Image source: Triumph Group.Continue reading
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Triumph Corp Ltd. 1'970.00 -1.50% Triumph Corp Ltd.
Triumph Group Inc 21.88 4.29% Triumph Group Inc

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