Bearing the Weight of Uncertainty: What’s Driving Defense Stocks Down This Week?
U.S. defense sector faces uncertainty with declining investor confidence, while Europe’s defense stocks rise on increased military spending. Momentus Inc. shares dropped 24.53% amid potential delisting and delayed filings, despite landing a pivotal Department of Defense contract. Europe strengthens its defense stance with a commitment to Ukraine and the ‘ReArm Europe Plan,’ boosting investor confidence. … Read more