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Arconic Inc.

Company NameArconic Inc.
Stock SymbolARNC

On June 24, 2017, Reuters reported that Arconic supplied flammable panels for use in the Grenfell Tower in London, where 79 people died in a blaze. Reuters also reported that Arconic knew the panels would be used at Grenfell Tower, but that Arconic claimed it was not the Company’s role to decide what was compliant with local building regulations.

On this news, the Company’s stock price fell more than 6% during intraday trading on June 26, 2017, thereby injuring investors.

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