Lockheed and Northrop shares dive as Trump says he’ll ‘not permit’ dividends and buybacks in defense sector
Market Intelligence Analysis
AI-PoweredLockheed Martin and Northrop Grumman shares plummeted after President Trump announced plans to restrict dividend payments and stock buybacks in the defense sector, citing executive pay as a concern. The move is aimed at promoting faster production and maintenance of military equipment. The impact on the companies' stock prices is significant.
Market impact analysis based on bearish sentiment with 90% confidence.
Article Context
President targets executive pay as he calls for faster production and maintenance of military equipment
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