Rheinmetall Gains, British American Tobacco Falls, Thyssenkrupp Slides
On this episode of Stock Movers:
- European defense stocks rise as Germany is set to approve a record €52 billion in military orders as part of the government’s push to build Europe’s strongest conventional army.
- British American Tobacco shares decline as much as 4.5%, paring this year’s big gains, after the company said it expects revenue growth in 2026 at the lower end of its mid-term guidance.
- Thyssenkrupp expects to swing to a loss in the current financial year, hit by persistent weakness in the automotive sector and hefty restructuring charges.
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