Defense Stocks Rise, JB Hunt Falls, Hertz Skyrockets
On this episode of Stock Movers:- Northrop Gruman (NOC) and Lockheed Martin (LMT) shares are up after Morgan Stanley upgraded their view on defense companies. The bank said it’s taking into consideration the $1 trillion defense budget and potential for increased international exports.- JB Hunt (JBHT) shares fell as analysts point to continuing concerns about the impact of tariffs and the broader economy on the trucker, even after the company reported first-quarter profit above expectations.- Hertz Global Holdings (HTZ) shares had their biggest gain ever on reports that Pershing Square…
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