India, July 27 -- Carpenter Technology Corporation (CRS) shares fell $28.66, or 4.75 percent, to $575.03 on Monday, after the specialty alloys manufacturer announced the sudden and unexpected death of President and Chief Executive Officer Brian Malloy.
The stock opened at $606.31 and traded between $572.20 and $611.09 during the session on the New York Stock Exchange. It has traded in a 52-week range of $228.00 to $625.99. Trading volume reached 0.17 million shares, compared with an average daily volume of 0.73 million shares.
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The company said Malloy passed away on July 24.The board has appointed Executive Chairman Tony Thene to immediately return as Chi...