🔴 Carpenter Technology is trading 7.7% down in pre-market amid lower major U.S. index futures

Carpenter Technology is trading at $339.90, down 7.68% in pre-market amid broad risk-off sentiment.

• S&P 500, Nasdaq Composite and Dow futures are lower; geopolitical tensions are also weighing on markets.
• Carpenter Technology’s fiscal Q1 2027 results were scheduled for release before the open on October 22. Available sources do not confirm the results or link them to the drop.
• Analysts had expected about $3.04 EPS and $830.9 million in revenue.