Opinion: Why Defense Stocks Have Moved Sideways After A Spring Surge

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Credit: Sergey Bobok/AFP/Getty Images
A look at the stock price charts of BAE Systems, Hensoldt, Leonardo, L3Harris Technologies, Lockheed Martin, Rheinmetall and Saab Group show price surges in February-March, when Russia launched a large-scale invasion of Ukraine. After that initial price surge, however, the stock valuations of those...

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