Allegheny Technologies is trading at $172.09, up 4.10%, after the company raised 2026 adjusted EBITDA guidance.
- Third-quarter sales were $1.42 billion, up 26% year over year; adjusted EBITDA rose 46%.
- Management raised 2026 adjusted EBITDA guidance by $35 million to $1.190–$1.200 billion, following strong results and higher aerospace and defense demand.
- The earnings release was the clear company-specific catalyst; broader indexes were lower, not a same-direction tailwind.