TT Electronics Shares Sink 6% as Revenue Stumbles and Texas Plant Faces Closure
TT Electronics shares dropped 6% this week after the company released a disappointing trading update. A weaker revenue performance and plans to shut down its loss-making Plano, Texas, facility have rattled investors, sparking concerns about the company’s North American operations. This setback underscores the challenges TT Electronics faces as it tries to navigate volatile markets…