Shares in Allison Transmission Holdings Inc. (ALSN:NYQ) fall 7.01% in March

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Shares in Allison Transmission Holdings Inc. (ALSN:NYQ) fell on Wall Street in March.

The lowest share price reached in month was $41.87 compared to a high of $48.65.

Allison Transmission Holdings Inc. employs 3,500 people and has reported $531,000,000 in income as of March 31.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said the U.S. stock market overall remained strong, despite the tumultuous years during the COVID-19 pandemic. “Overall, companies... beat analyst expectations on both earnings per share and revenue growth. But the latter [was] particularly strong.”

Unfortunately, 2022 proved to be a devastating year for the U.S. stock market. “This [was] an absolutely shocking year with no place to hide,” Aoifinn Devitt, Moneta's chief investment officer, said.

Rate hikes to mitigate the effects of inflation, as well as global issues related to war and the pandemic, were blamed for the downturn in the U.S. stock market and economy.

Nothing in this article is to be assumed as financial advice.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Share price of Allison Transmission Holdings Inc. stocks in March

DateShare Asking Price
March 31$45.24
March 30$44.57
March 29$44.59
March 28$44.31
March 27$43.47
March 24$43.04
March 23$42.77
March 22$43.18
March 21$43.97
March 20$42.69
March 17$41.87
March 16$43.59
March 14$44.43
March 13$43.92
March 10$45.75
March 9$47.29
March 8$48.12
March 7$48.18
March 6$48.52
March 3$48.65

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