Markets down, but these north Alabama stocks had gains
Minimal gains were the norm Thursday on our Huntsville and Alabama Stock Report.
Hexcel led the way with a rise of 1.5%. The Connecticut-based company is a leading supplier of carbon fiber, honeycomb and other composite materials for the commercial aerospace industry. Its Decatur plant, established in 1989, produces polyacrylonitrile, or PAN, a precursor of carbon fiber.
Constellium brought home a gain of 1.4%. It is a Paris-based global leader in the development, manufacturing and recycling of aluminum products and solutions, according to its website. Constellium Muscle Shoals is a major aluminum sheet supplier for the packaging and automotive markets. The plant has around 1,200 employees and more than 100 acres under roof, including five casting units, hot and cold rolling mills, and a slitting and finishing center.
Adtran and Sanmina both gained .9%.
Community Health Systems led the decliners at 3.2%.
Overall, Wall Street fell for a third straight day Thursday as rising yields in the bond market keep cranking up the pressure.