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TransDigm Group Inc. (TDG) Rose To A New High As It Considers Special Dividend

TransDigm Group Inc. (TDG) announced Tuesday morning that it has requested amendments to its senior secured credit facilities in connection with considering whether to pay a special dividend.

TransDigm Group gapped open sharply higher Tuesday and rose in early trade, before profit taking set in. The stock finished with a gain of 4.61 at $156.85, with volume at a 6-month high. TransDigm Group climbed past resistance and set a new high for the year.

by RTTNews Staff Writer

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