CAE shares fall on revenue miss with weakness in civil aviation

2 hours ago 1
Seat and controller in cock pit of flight simulator

Panlop/iStock via Getty Images

CAE (NYSE:CAE) (CAE:CA) shares on Wednesday tumbled as much as 11% for the steepest intraday drop since February 2024 after the Canadian flight simulator manufacturer projected slower growth in its civil aviation unit and missed quarterly revenue forecasts.

The Montreal-based

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