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.

 

 

Most Read

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...