$CRS is one of biggest losers #stocks today. read more:

Carpenter Technology Corporatio (symbol: CRS) was one of the worst losers
of the trading day today (2016-10-27), losing -17.71%. The number of shares
that changed hands was 1,941,934, or about 7 times the average daily volume
in the stock.
The closing price was $31.64, amounting to a market cap of $1,470,000,000,
about -25.15% off the highest price in the last 12 months. The stock has
been trading at a range between $23.99 and $42.27.
CRS is in the Steel/Iron Ore industry, part of the Basic Industries sector.
Looking at its valuation, the stock is now trading at 137.57 times earnings.