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Aramco Up, Lufthansa Dips, Rheinmetall Down
Published 4 days, 16 hours ago
Description
On this episode of Stock Movers:
- Energy stocks including Aramco are wavering due to continued uncertainty after a volatile few days for oil and gas prices.
- Lufthansa is facing a two-day pilot walkout starting Thursday, threatening to ground hundreds of flights at a time when the airline is already grappling with fuel-price volatility.
- Rheinmetall predicted that sales this year will reach €14 billion ($16.3 billion) to €14.5 billion, falling short of analyst expectations at a critical time for the German defense contractor as Europe’s military spending surges.
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