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

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...