Lockeed Martin Gains, American Airlines Drops, Nvidia Jumps on News it Will Invest Billions in Data Center Optics Companies
On this episode of Stock Movers: - Lockeed Martin (LMT) shares rise. US energy and defense stocks jump as the eruption of war in the Middle East roils global markets following US and Israeli attacks on Iran. Defense stocks have rallied over the past year as global tensions ratcheted higher, and new conflict in the Middle East gives traders another reason to invest in the sector. - American Airlines (AAL) shares drop. Shares of airlines, cruise operators and hoteliers fell on Monday as investors reacted to conflict in the Middle East. The conflict may stoke inflation, with traders grappling…
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