Weak US market and operational difficulties sink TT Electronics stock
Shares in TT Electronics (TTG) slumped as much as 21p or 25% to a decade-low price of 62p at the open on 10 April after the specialist manufacturer reported widening losses for 2024 and announced its chief executive would step down. For the year to December 2024, the Woking-based company, which supplies electronic parts to the health care, aerospace and defence and automotive sectors, posted a...