After posting a 20% increase in 2016, the FINdex rose only 9.1% in the opening quarter of 2017, compared to an 5.1% gain by an index of related industrial stocks during the period.
Arconic was the biggest winner in stock value during Q1. Overall stock results for Arconic, which includes Alcoa’s former $1.8 billion Fastening Systems and Rings business, jumped 42% during the period.(…)
Via FINdex Growth Slows in Opening Quarter of 2017 | Global Fastener News