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On Monday, the Huntsville and Alabama Stock Report showed that there were more gainers than decliners in the market. However, the most significant numbers were in the negative territory.

One company that experienced a notable decline was Adtran, a telecommunications equipment company based in Huntsville. Adtran’s stock plummeted by a staggering 19.2%, reaching a 52-week low of .31 per share.

Another company, Community Health Systems, based in Franklin, Tennessee, saw a drop of 10.8%. This company operates in six locations in Alabama, including Birmingham, Dothan, Enterprise, Foley, Gadsden, and Huntsville.

Tyson Foods, following its recent announcement of plant closures, fell by 3.8%.

However, there were a few companies that saw positive gains. Carpenter Technology Corporation, a leading producer and distributor of specialty alloys such as titanium alloys, powder metals, and stainless steels, jumped by 3.3%. This Philadelphia-based company has a significant presence in Athens, Alabama, housing an advanced additive manufacturing facility and a research and development center.

Boeing also saw an increase of 3% in its stock.

Overall, the stock market in Huntsville and Alabama displayed more gainers than decliners. Adtran’s significant decline, along with drops in Community Health Systems and Tyson Foods, contributed to the negative side. On the positive side, companies such as Carpenter Technology Corporation and Boeing experienced notable gains.

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