🔴 Carpenter Technology is trading 4.1% down today after Lone Pine Capital nearly halved its position

Carpenter Technology is trading at $472.22, down -4.09%, after Lone Pine Capital reportedly sold approximately 855,000 shares, nearly halving its position.

• The disclosed reduction appears to be the clearest company-specific catalyst; public holdings data previously showed Lone Pine owning 1,817,940 shares at March 31, 2026.
• Broader markets were only modestly weaker, so market sentiment likely contributed but does not fully explain the decline.