In the Margins

Defense industry ETFs fall on Trump Lockheed tweet

December 13, 2016

By MarketWatch

Exchange-traded funds tracking the defense industry suffered their biggest one-day decline in months on Monday after a tweet from President-elect Donald Trump prompted turbulence in Lockheed Martin Corp. The company's stock tumbled 4.5% after Trump tweeted that costs for the Lockheed-made F-35 stealth fighter were “out of control." Read the original story from MarketWatch.

 

 

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