Huntsville-area pick up solid gains on down day for Wall Street

Huntsville-area pick up solid gains on down day for Wall Street

Wall Street was down, but there were more winners than losers Thursday on our Huntsville and Alabama Stock Report.

Area notables Carpenter Technology (+6.7%) and Constellium (+4%) led the gainers.

A quartet of banks was next: PNC (+2.8%), Synovus (+2.7%), Regions (+2.6%) and Southern States (+2.2%).

Sanmina wasn’t too far off with a 1.9% gain.

At the bottom, Adtran was down 2.5%.

Overall, Wall Street tumbled Thursday, dropping nearly 10% below its high mark for the year, after big-name companies warned an uncertain global economy may hurt their profits.