Reported about 20 hours ago
US defense contractors are experiencing significant declines in their stock prices, facing concerns over reduced military spending and political uncertainties. In contrast, European defense manufacturers have seen a surprising uptick in performance as they modernize their defenses in response to geopolitical tensions. Analysts note that while US defense companies like Lockheed Martin and General Dynamics struggle, this could also present buying opportunities for investors looking to capitalize on lower prices amid market volatility.
Source: YAHOO